[TBP]

It’s not the short-term effect that is damaging, it’s teh long-term effect.

https://www.history.com/news/trade-war-great-depression-trump-smoot-hawley

https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/

https://www.daveramsey.com/blog/what-are-tariffs

https://www.washingtontimes.com/news/2017/jan/5/the-problem-with-tariffs/

http://www.businessinsider.com/trump-trade-war-tariffs-study-on-economic-impact-lost-jobs-2018-4

https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp

https://www.thoughtco.com/the-economic-effect-of-tariffs-1146368

[central_va]

Old wives' tale. The economy crashed way before the Smoot-Hawley tariff Act.

Only 4.3% of the economy was internationally traded at the time and Smoot-Hawley only affected about 1/3 of that (agricultural imports mostly) so you are arguing that a slight rise in tariffs affecting 1% of the rural economy was a major factor? Ridiculous.

Smoot-Hawley had, if anything, a slight stimulative effect on American farming and no major impact on anything else. International trade dropped because overall demand dropped following the crash.

The globalists themselves know they are lying when they trot that one out.