In the Great Depression, nations engaged in a tariff war that prolonged the downturn and made it deeper.
FORBES: China Is Susceptible To Currency Pressure
Could you see the possibility of their having a tariff war with France, a trade war with France?
BBC: Breakfast with Frost
The Smoot-Hawley Tariff, signed into law in June 1930, triggered a horrific trade war that contributed mightily to the Great Depression.
FORBES: Uncertainy=Equity Opportunity
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