U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
- Posted on April 3, 2025
- By CNBC
- 3 Views
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.
