In true Trump fashion, today’s “Liberation” speech was rife with economic myths — this time claiming that the U.S. stopped using tariffs after 1913.
Spoiler alert: we didn’t. From the sky-high Fordney-McCumber Tariff of 1922 to the Smoot-Hawley disaster and beyond, tariffs stuck around — and often made things worse, especially for farmers. This short video dives into the history Trump skipped and why most economists still wince at the mention of protectionist trade policy.
Share this post