Tariff Man Ignores Lessons from a Century of History
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Tariff Man Ignores Lessons from a Century of History
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Donald Trump called himself “Tariff Man. He claimed, “Trade wars are good and easy to win.” Trump said tariff is “the most beautiful word in the dictionary.” Economists strongly disagree.
Why does Trump reject expert opinion, and what could happen if his trade wars continue? This podcast notes how high tariffs in 1930 intensified the Great Depression. The podcast considers why Donald Trump holds simplistic views on trade that most economists reject, and it shows how Trump’s new tariffs could damage the U.S. and global economies.
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