Trump Delivers Historically Illiterate Lecture on Tariffs
Briefly

Trump's claim that the U.S. relied solely on tariffs for wealth in the 1880s and had no income tax is historically inaccurate and misleading.
Contrary to Trump's assertions, the Smoot-Hawley tariff was implemented in 1930 and significantly contributed to worsening the Depression through retaliatory measures by trading partners.
Read at Intelligencer
[
|
]