It appears that trade depression is setting in more quickly than was anticipated.

商业萧条似乎来得比预料的更快。

youdao

The Great Depression was aggravated by the trade barriers that countries imposed to protect domestic employment. This will be a temptation this time around as well.

各国为了保护国内就业所设下的贸易壁垒让大萧条恶化，这些政策现在还是一种诱惑。

youdao

The World Bank expects the fastest contraction of trade since the Depression.

世界银行则预计，自大萧条以来贸易量减速最快。

youdao

The villains of the Depression were the trade-killing, international-capital-flow-strangling Smoot-Hawley Tariff, an overly tight monetary policy and a catastrophic tax increase.

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These beggar thy neighbor policies led to the collapse of world trade and capital flows during the Great Depression.

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The Smoot-Hawley Tariff, signed into law in June 1930, triggered a horrific trade war that contributed mightily to the Great Depression.

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