A side effect of tariffs is making less powerful countries play ball.

  • glimse@lemmy.world
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    15 days ago

    In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?.. the Great Depression, passed the… Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?.. raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression.

    • Neuromancer@lemm.eeM
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      15 days ago

      We have tariffs. We gave had tariffs since the dawn of the nation. Are you ignorant enough to think we don’t have tariffs currently or think Trump was the first person to implement tariffs ?

        • Neuromancer@lemm.eeM
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          15 days ago

          Then can make a coherent point instead of just quoting a movie.

          Based on your comment, I suspect you didn’t realize we’ve always had tariffs. You may be shocked to know Biden kept most of trump’s tariffs. They also were not tied to inflation.

          As with most complicated things, we won’t know the impact till after the fact.