WASHINGTON — As lawmakers, investors and economists alike weigh the future impact of President Donald Trump’s expansive tariff plan, many are looking back nearly a century to the last time the U.S.

"The Reagan Administration's trade policy became clear: Espouse free trade but find an excuse on every occasion to embrace the opposite," wrote David Stockman, budget director for the Reagan ...

As President Donald Trump’s sweeping global tariffs rocked the U.S. markets this week, erasing trillions of dollars in value, a 1987 speech from then-President Ronald Reagan warning against tariffs ...

In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and ...

Add Yahoo as a preferred source to see more of our stories on Google. Few economists can find good things to say about the infamous 1930s tariffs. (Kayla Bartkowski—Getty Images) It's Smoot-Hawley all ...

President and CEO of the Federal Reserve Bank of St. Louis James Bullard speaks at the Foreign Correspondents' Club on the US economy and monetary policy in Hong Kong on May 22, 2019. (Photo by Isaac ...

In the spring of 1930, more than 1,000 economists across the United States wrote a letter urging President Herbert Hoover to veto a tariff bill under consideration by the Senate. The bill “would be a ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Trump administration's sweeping new tariff proposal has sparked ...

WASHINGTON — In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers ...