(Note: This episode originally ran in 2018.)
The Smoot-Hawley Tariffs were a debacle that helped plunge America into the Great Depression. What can we learn from them?
Today on the show, we tell the nearly 100-year-old story of Smoot and Hawley, that explains why Congress decided to delegate tariff power to the executive branch in the first place. It's a story that weaves in wool, humble buckwheat, tiny little goldfish, and even Ferris Bueller... Anyone? Anyone?
It's also what set the stage for the Trump tariffs.
President-elect Donald Trump enacted a heap of import taxes in his first term, in particular on goods from China. President Biden's administration largely kept those tariffs in place, and levied new tariffs as well, on electric vehicles and solar panels.
2024-12-25 22:49709 view
2024-12-25 22:402568 view
2024-12-25 22:112522 view
2024-12-25 22:071674 view
2024-12-25 21:362600 view
2024-12-25 20:43505 view
Regional supermarket chain Stop & Shopsaid Wednesday that it would install kiosks in all of its
"Bridgerton" star Ruby Barker has come out against Netflix and Shondaland, the Shonda Rhimes-led pro
A panel of the Food and Drug Administration's outside advisers voiced few concerns Tuesday during a