Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...

While the White House is claiming Canada's pledge to spend $1.3bn (£1bn) on a border protection plan has given it diplomatic ...

Prior to the tariffs, the US had a massive trade deficit with Japan. In 1986, the deficit was about $55bn. The deficit ...

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...

Tariffs are pure Trump: unconventional, daring, unafraid of challenging established relationships and ways of conducting business and diplomacy, contemptuous of history and, in this case, even geograp ...

For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.

By Paul A. Tenkotte, PhD Special to NKyTribune There are many memorable scenes from the movie Ferris Bueller’s Day Off. One ...

Everyone thought the US had learned its lesson. Washington’s Smoot-Hawley Tariff Act of 1930 sank free trade and triggered The Great Depression. Yet Trump appears to be pressing on. Happily ...

Many economists argue that they are harmful for the economy and consumers. For instance, the Smoot-Hawley Tariff could be perceived as worsening the Great Depression in the 1930s. In an attempt to ...