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Friday, December 5, 2025

Tariffs And Policy Repeals Could Force U.S. Auto Industry To Fail, Ceding Economic Growth To China

During the Great Depression’s darkest days, President Hoover passed the Smoot-Hawley Tariff Act intended to boost America’s economy. But the result was higher prices on more than 20,000 imported goods, which significantly worsened the country’s economic woes. Now 95 years later, new tariffs coupled …

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