How Tariffs Can Help America

Teona Gherasim

Donald Trump has promised to implement a suite of aggressive tariffs on American trade partners, including a blanket 20 percent levy on goods from abroad. Although his supporters claim that these tariffs will strengthen U.S. manufacturing and create jobs, critics contend that they will fuel inflation, suppress employment, and perhaps tip the economy into a recession. As a demonstration of what will go wrong, many cite the Smoot-Hawley Tariff Act of 1930, which raised U.S. tariffs across a

Tag-uri: Inflatie Donald Trump

How Tariffs Can Help America https://www.foreignaffairs.com - 27.12.2024 15:34

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How Tariffs Can Help America https://www.foreignaffairs.com - 27.12.2024 15:34