Source: Town Hall
by Mark Lewis
“Let me say, up front, that I do not know if Trump’s tariffs will accomplish his purposes or not. Tariffs are common in human history. Some tariffs, in some places, and at certain times, have had some benefits to a country’s economy. Other tariffs have been utter disasters. What few Americans know is that tariffs were a major cause of the two greatest calamities in our history: the War Between the States and the Great Depression. Usually, tariffs don’t produce those kinds of calamities, but they have. Countries often use tariffs to protect certain domestic industries, and have done so with success.” (04/07/25)