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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Mitch McConnell Says Trump Tariffs-Ushered Era Has 'Similarities' With The 1930s: 'This Is The Most Dangerous Period Since Before World War Two'

Mitch McConnell Donald Trump United States Herbert Hoover World War Two Jeremy Siegel America KY
Washington,,Dc,Us,-,Nov,15,,2022:,Us,Senate,Minority

Sen. Mitch McConnell (R-Ky.) said in a recent interview that today's economic backdrop shares "certain similarities" with the 1930s, pointing to President Herbert Hoover's 1930 Smoot-Hawley Tariff Act and the era's isolationist "America First" politics.

Smoot-Hawley's Legacy And Parallels To Today's Economy

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