Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

GoreWon2000

(1,461 posts)

16. tRump tariffs are higher than Smoot-Hawley tarrifs

Reply to Bernardo de La Paz (Reply #11)

Sun Apr 6, 2025, 05:37 PM

Apr 2025

I agree that the tRump tariffs combined with massive layoffs of government workers will make things worse. Smoot-Hawley certainly damaged both the U.S. and world economies to a level not seen before but what's now coming will certainly rival if not exceed it. Also, tRump is not capable of admitting that he's wrong so he won't budge. It's time for everyone to lower their spending to absolute necessities only in order to survive this economic nightmare. tRump and the repugs will certainly own this nightmare.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Bernardo de La Paz

18 replies

= new reply since forum marked as read

Highlight:

Defiant Trump officials vow to stay course as countries scramble over tariffs [View all] Passages Apr 2025 OP

I don't believe it EnergizedLib Apr 2025 #1

Whatever Kevin Hassett says is nothing but failed comedy. dchill Apr 2025 #4

He wrote a book predicting a Dow 30,000+ would arrive by 2004. It took 20 years longer. . . . nt Bernardo de La Paz Apr 2025 #15

oh I believe will or are making deals--if Trump offers them a 10% vs 15% DEAL!! riversedge Apr 2025 #5

50 countries sent letters saying "WTF do you really mean this shit?" That's "reaching out". . . nt Bernardo de La Paz Apr 2025 #8

History is not on their side GoreWon2000 Apr 2025 #2

They don't DO history. dchill Apr 2025 #6

Their ignorance of history will sink them GoreWon2000 Apr 2025 #12

It didn't lead to the Great Depression. It maybe deepened it but the tariffs were in response to the depression. Self Esteem Apr 2025 #7

It was a recession before GoreWon2000 Apr 2025 #10

It was not just a 'recession'. It was a global economic meltdown. Self Esteem Apr 2025 #13

Not led to WW II, not directly. Led to the rise of a dictator determined to risk World War for territorial gain Bernardo de La Paz Apr 2025 #14

Bad economic times GoreWon2000 Apr 2025 #18

tRump 2.0 is different. Smoot-Hawley made a Depression much deeper & longer, but did not cause it Bernardo de La Paz Apr 2025 #11

tRump tariffs are higher than Smoot-Hawley tarrifs GoreWon2000 Apr 2025 #16

Yes. . . . . . nt Bernardo de La Paz Apr 2025 #17

*sees a waterfall ahead* "We're gonna stay the course!" sakabatou Apr 2025 #3

"Paddle faster!" EarthFirst Apr 2025 #9