Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift in US trade policy.

Trump is abandoning the tools that made America prosperous for those that helped prolong the Great Depression. There's a reason that the world’s poorest nations are those that employ tariffs.

WASHINGTON (AP) — In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect ...