The fret over tariffs in the U.S. is so overdone. If you look at economic history the U.S. was the world's big exporter by far, of course tariffs in that period hurt the U.S. The U.S. is now the biggest importer by far and it's causing dangerous economic imbalances. Giving our leaders flexibility to negotiate with trade partners like Germany, South Korea, China and others is not a bad thing. It's merely matching mercantilism with mercantilist countries.
I'm sorry but I think you need to read more on the Great Depression particularly the Fed's monetary policy during the crisis. Economics today don't believe that tariffs led to the Great Depression.
Per the National Bureau of Economic Research: By almost any measure, the monetary policy of 1930-33 was a disaster: the money supply and price level both fell by one-third, ex post real interest rates rose well into double digits, and banks failed by the thousands. How could the Fed have let this happen?
I think you are cherry picking political talking points that you like. I'm not at all convinced you care much about tariffs beyond the election. Perhaps as they pertain to Canada, but Canada is covered under the USMCA trade agreement. By the way, for several years some economists and observers have advocated strengthening regional trade pacts as opposed to expanded global trade.
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