TRUMPS TARRIFS WILL CAUSE A DEPRESSION

In June 1930, the Smoot-Hawley Tariff Act increased U.S. tariffs on agricultural imports and more than 20,000 imported goods. The tariffs imposed were the second-highest in American history. The goal was to protect American farmers who were most affected by the Great Depression. That's only one half of the story....the other half made products who didn't have tariffs skyrocketed and prolonged the depression and ultimately caused many bankruptcies and unemployment. TRUMP PLANS OF TARIFF INCREASES WILL HAVE THE SAME RESULTS.