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From: JAB <here@is.invalid>
Newsgroups: misc.news.internet.discuss
Subject: Re: The Hawley-Smoot Tariff Act
Date: Wed, 27 Nov 2024 21:25:43 -0600
Organization: A noiseless patient Spider
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On Wed, 27 Nov 2024 12:34:59 -0600, JAB <here@is.invalid> wrote:

>Signature
>President Herbert Hoover signed the law into effect on June 17, 1930. 
>Impact
>
>The law raised tariffs on more than 20,000 imported goods by an
>average of 40-60%. The law led to a decline in global trade by 65%. 
>
>Effect on the Great Depression
>The law is widely considered to have made the Great Depression worse.
>The law was driven by political considerations rather than economic
>ones, and was not well received by voters.


CEOs are warning Trump tariffs will hit consumers: 'Higher prices are
not helpful'
===============================

Trump's bullshit has consequences....suck it up suckers/losers.