A close look at how tariffs triggered widespread economic troubles during the Great Depression era.

Tariffs, while intended to protect domestic industries, have historically played a significant role in deepening economic crises, particularly during the Great Depression. By disrupting trade and provoking retaliatory measures, these taxes on imports strained global relations and supply chains, leading to declines in consumer spending and investment. Understanding these complex dynamics sheds light on the broader consequences of protectionist policies and offers critical lessons for shaping balanced trade strategies to promote long-term economic stability.






