On Wednesday, President Donald Trump announced a temporary suspension of his broad global reciprocal tariffs for a period of 90 days, excluding China from this decision. Trump has consistently shown support for tariffs, citing them as a fundamental aspect of the U.S.’s history. He recently mentioned how tariffs could have potentially averted the Great Depression, referring to the Smoot-Hawley Tariff Act of 1930 as an example of an attempt to rescue the country through tariffs, albeit unsuccessfully. Today, amidst global economic turmoil, what insights can we draw from the historical implications of the Smoot-Hawley tariffs? Asa McKercher, the Hudson Chair in Canada-U.S. relations at the Brian Mulroney Institute of Government, delves into this topic and more on Front Burner. For transcripts of Front Burner, please visit the provided link. Stay updated by subscribing to Front Burner on your preferred podcast platform.
“Trump Suspends Global Tariffs, Excludes China: Historical Insights”
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