The Last Time America Started a Trade War It Caused the Great Depression
History

The Last Time America Started a Trade War It Caused the Great Depression

April 10, 2026

In 1930, America raised tariffs on 20,000 goods — and within months, 66% of global trade collapsed. The Great Depression wasn't just about the stock market crash. It was sealed by a trade war. History doesn't repeat. But it does rhyme.

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