Reason Magazine
•Business
Business & Economics
Tariffs helped wreck the economy in the 1930s. Why is Trump making the same mistake?
66% Informative
Frida Ghitis: Smoot-Hawley Tariff Act of 1930 and Trump -era tariffs of today offer striking example of protectionist episodes.
She says both emerged from economic nostalgia and fear of change; both were politically attractive.
Ghitis says the tariffs backfired quickly and hurt U.S. farmers, but the tariffs deepened their crisis.
The future belongs to those who embrace change and creative destruction, not those who resist it. COPYRIGHT 2025 CREATORS.COM .
VR Score
76
Informative language
78
Neutral language
32
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3