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<blockquote data-quote="fishtm2001" data-source="post: 6095510" data-attributes="member: 54375">On Bluesky, columnist <a href="https://bsky.app/profile/briankarem.bsky.social/post/3llu7vdqq4k2t" target="_blank">Brian J. Karem</a> posted, &quot;NOW: According to Trump the Great Depression would have never happened if we had tariffs in 1929. WE DID! AND worse, President Hoover signed the Smoot-Hawley Tariff Act into law in 1930, which raised import duties by an average of 20%. International trade suffered.&quot;&nbsp; &nbsp; Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, wrote, &quot;Trump just claimed the Great Depression wouldn&#039;t have happened if we still had tariffs. I...&quot;&nbsp; &nbsp; &quot;Trump claims lack of tariffs caused the Great Depression. All the free-trader economists&#039; heads are going to explode,&quot; posted Bloomberg&#039;s <a href="https://bsky.app/profile/steventdennis.bsky.social/post/3llu7p6qxg22h" target="_blank">Steven T. Dennis</a>, while The Financial Times&#039; <a href="https://bsky.app/profile/alanbeattie.bsky.social/post/3llu7owhaic2j" target="_blank">Alan Beattie</a> posted, &quot;Trump thinks that cutting tariffs caused the Great Depression. I mean it&#039;s a view I guess.&quot;</blockquote>

[QUOTE="fishtm2001, post: 6095510, member: 54375"] On Bluesky, columnist [URL='https://bsky.app/profile/briankarem.bsky.social/post/3llu7vdqq4k2t']Brian J. Karem[/URL] posted, "NOW: According to Trump the Great Depression would have never happened if we had tariffs in 1929. WE DID! AND worse, President Hoover signed the Smoot-Hawley Tariff Act into law in 1930, which raised import duties by an average of 20%. International trade suffered." Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, wrote, "Trump just claimed the Great Depression wouldn't have happened if we still had tariffs. I..." "Trump claims lack of tariffs caused the Great Depression. All the free-trader economists' heads are going to explode," posted Bloomberg's [URL='https://bsky.app/profile/steventdennis.bsky.social/post/3llu7p6qxg22h']Steven T. Dennis[/URL], while The Financial Times' [URL='https://bsky.app/profile/alanbeattie.bsky.social/post/3llu7owhaic2j']Alan Beattie[/URL] posted, "Trump thinks that cutting tariffs caused the Great Depression. I mean it's a view I guess." [/QUOTE]

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