Quote:
Originally Posted by Barry-xlovecam
He is advancing a xenophobic and anti trade policy -- didn't Hoover do that too with Smoot?Hawley Tariff Act of 1930 and made the recession of 1929 become the Great Depression. |
Uh...the link you gave says this very clearly:
"However, the general view is that while it had negative results, the Smoot-Hawley Tariff was not one of the main causes of the Great Depression because foreign trade was only a small sector of the U.S. economy."
Also the world was much different in 1930.
In 2015 the world needs us far more than we need them. That is what Trump has been saying in his speeches.
He's not wanting to isolate us. He's saying that his team of negotiators have the experience and skill to play all of OUR cards in trade deal negotiations instead of making bad deal after bad deal as the amateurs in Washington D.C. have been doing for decades.