The Trump administration has issued ‘America First Trade Policy’, the most damaging trade policy since the Smoot Hawley ...

A reciprocal tariff is a tax or trade limit that one country imposes on another as a reaction to similar measures from that country. The purpose of reciprocal tariffs is to maintain fairness in trade ...

Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from ...

The magnitude and scale of the proposed tariffs hark back to the US Smoot-Hawley Tariff Act enacted in 1930. For example, Nobel Laureate economist Paul Krugman told Bloomberg that “we’re ...

Yet as the president weighs up the sweeping consequences of his tariff fixation, he may want to throw out the dictionary and pick up a history book. The magnitude and scale of the proposed tariffs ...

History points to Henry Ford being one of those begging Herbert Hoover to veto the Smoot-Hawley tariffs in 1930. And, in 2025, the car industry is one obvious potential tariff loser. "It's true to ...

History points to Henry Ford being one of those begging Herbert Hoover to veto the Smoot-Hawley tariffs in 1930. And, in 2025, the car industry is one obvious potential tariff loser. "It's true to say ...

Something similar happened in 1930 after passage of the Smoot-Hawley Tariff, which reduced global trade and exacerbated the Great Depression, economists said. A trade war is brewing — and ...