this post was submitted on 28 Nov 2024
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Progressive Politics, Gun Control, Single Payer Healthcare and Free Abortions for All!

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Trump says Mexico’s president has ‘agreed to stop’ migrants crossing into US through her country (nypost.com)
submitted 8 months ago by Kaboom@reddthat.com to c/conservative@lemm.ee
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A side effect of tariffs is making less powerful countries play ball.

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[–] glimse@lemmy.world 10 points 8 months ago (1 children)

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.