[I guess Trump never heard of Smoot-Hawley?
How’d that work out?]
Maybe it wasn’t tried hard enough. Let’s make sure by imposing tariffs 10x as high.
“The debate over free trade is riddled with myth after myth. One that keeps resurfacing, no matter how many times it is discredited, is the idea that protectionism caused the Great Depression. One occasionally even hears that this same protectionism — specifically, the Smoot-Hawley tariff of 1930 — was responsible in significant part for World War Two! This is nonsense dreamed up for propaganda purposes by free traders, and it can easily be debunked.”