There are many memorable scenes from the movie Ferris Bueller’s Day Off. One in particular strikes my fancy. Former speechwriter for both Presidents Nixon and Ford, Ben Stein plays a bit part as ...

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.

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...

Something similar happened in 1930 after passage of the Smoot-Hawley Tariff, which reduced global trade and exacerbated the Great Depression, economists said. A trade war is brewing — and ...

How did the Smoot-Hawley Act come to be? Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was just another example of the ...

Something similar happened in 1930 after passage of the Smoot-Hawley Tariff, which reduced global trade and exacerbated the Great Depression, economists said. President Donald Trump on Saturday ...

Many economists argue that they are harmful for the economy and consumers. For instance, the Smoot-Hawley Tariff could be perceived as worsening the Great Depression in the 1930s. In an attempt to ...

On the presidential campaign trail last fall, Donald Trump described tariff as the "most beautiful word in the dictionary" ...