Tariffs have a history of igniting economic gloom. Economists believe they were the root of the Great Depression. After the 1929 crash, Congress passed something known as Smoot-Hawley (named after a couple of protectionist lawmakers), which raised tariffs on 20,000 imports and set off a wave of global protectionism.
Tariffs, Schmariffs! Why some Wall Street power players aren’t worried about stocks
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