Higher Tariffs Than Smoot-Hawley

Playbook: “According to multiple analysts including Evercore ISI and JP Morgan, America’s weighted average tariff under the Trump regime will now be higher than under the infamous Smoot-Hawley Tariff Act of 1930, which plenty of historians — though not Trump himself — believe helped deepen the Great Depression.

 Capital Economics has U.S. tariffs at a ‘131-year high.’”