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Pastimes : The New Qualcomm - write what you like thread.

QCOM 180.90

+2.1%

Oct 31 9:30 AM EST

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From: Bill Wolf	3/6/2025 9:12:32 AM
	of 12229

Trump’s Tariffs Are the Toughest Since the Great Depression. The Dangers We’ve Forgotten. The Smoot-Hawley Tariff Act of 1930 choked off trade just when the world economy needed it most. By Kenneth G. Pringle March 06, 2025, 12:01 am EST The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century. Investors see the new tariffs as threatening the economy, and stocks have gyrated wildly in recent days. President Donald Trump has slapped tariffs of 25% on goods from Mexico and Canada, plus an extra 10% tariff on Chinese imports, with a threat of more to come. Every fresh tidbit of news sends jumpy traders in a new direction. But, then, who can blame them? Smoot-Hawley happened decades before they were born. barrons.com

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