
Tariff Troubles: Three Times History Showed Protectionism Backfires
History shows that tariffs often backfire, leading to economic downturns and higher prices. Learn from three times U.S. tariffs failed to deliver on their promises.
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History shows that tariffs often backfire, leading to economic downturns and higher prices. Learn from three times U.S. tariffs failed to deliver on their promises.
History shows that US trade wars have often led to global economic downturns. From the Great Depression to today, protectionist policies can backfire, affecting economies worldwide.