Donald Trump claimed Wednesday that the United States entered the Great Depression as a result of turning its back on the policy of placing tariffs on other countries in favor of an income tax. During a winding speech to mark the so-called Liberation Day, Trump presented an alternative history where steep tariffs, like the ones he’d come to celebrate, could have prevented the worldwide economic disintegration of the early twentieth century. “From 1789 to 1913 we were a tariff-backed nation, and

Tag-uri: Donald Trump