President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.
However, not every action taken by President Trump is necessarily viewed as a positive by investors. With the president ...
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
Since then, the U.S. has used tariffs to achieve three broad goals, said Douglas Irwin, an economics professor at Dartmouth College and past president of the Economic History Association.