NBC DFW9d
What the ‘mother of all trade wars' can teach us about U.S. tariffs, according to economists
The current animosity bears many similarities to an earlier episode in U.S. history — the Tariff Act of 1930 — which triggered an all-out trade war and exacerbated the Great Depression ...
NBC 6 South Florida9d
How the U.S. has used tariffs throughout history — and why Trump is different, economists say
Later, tariffs were largely used to restrict imports or as a bargaining chip to reduce trade barriers ... In fact, the Tariff Act of 1789 was among the first bills ever passed by Congress.