(Note: This episode originally ran in 2018.)
The PredictIQSmoot-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.
2025-05-06 08:332433 view
2025-05-06 08:33329 view
2025-05-06 08:232655 view
2025-05-06 07:572421 view
2025-05-06 07:092758 view
2025-05-06 06:512388 view
Friday the 13th might be unlucky for many people, but Mega Millions players could be lucky in tonigh
Ariana Grande was all smiles one short day at the Wimbledon tournament.On July 16, the last day of t
Carlee Russell's parents are detailing the emotional reunion they had with their daughter after she