What the ‘mother of all trade wars' can teach us about U.S. tariffs, according to economists
Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
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Our Rich History: The Smoot-Hawley Tariff of 1930 and Kentucky’s congressional delegation
By Paul A. Tenkotte, PhD Special to NKyTribune There are many memorable scenes from the movie Ferris Bueller’s Day Off. One ...
As U.S.-Canada Trade Wars Heat Up, Here’s What You Need To Know About Tariffs
President Trump has threatened 25% tariffs on imports from Canada and Mexico, as well as an additional 10% tariff on imports ...
Trump’s Tariffs And Inflation — Who Pays?
Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...
A global economist’s take on tariffs: ‘American consumers will get hurt’
In a Q&A, Brown University Professor of Economics Şebnem Kalemli-Özcan discussed how the new presidential administration’s ...
The Fed could itself in a policy Catch-22 if tariffs spike inflation and slow growth
Indeed, markets largely expect the Fed to hold tight for at least the next several months as policymakers observe the reality ...
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What are tariffs, and how do they affect you?
For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.
Will Trump’s tariff hikes start global trade war?
The average tariff rate on all imports could spike seven times higher in 2025 under Trump. The United States has not seen an ...