- Jun 25, 2008
- 16,567
- 4,073
- Gender
- Male
- Faith
- Catholic
- Marital Status
- Married
President Donald Trump has argued that “trade wars are good and easy to win.” But many economists have disagreed that raising tariffs sharply can improve the economy. In particular, experts have pointed to the failure of the Smoot-Hawley Tariff Act, passed in June 1930, to protect U.S. industries from tariff increases.