Trump’s tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift in US trade policy.
Day: April 5, 2025
Officials say a Russian strike in central Ukraine kills 14 people, including six children https://t.co/EYAngW5uJV
— The Hill (@thehill) April 5, 2025
“The Republicans in Congress who have rolled over and accepted almost everything else Trump have done this. They’ve set a marker down, which is they do not want him bailing out on Ukraine.”
Top Republicans sponsor a bill that could impose 500 per cent secondary tariffs on buyers of Russia oil if Putin doesn’t accept a ceasefire, says Professor Scott Lucas.
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“The Republicans in Congress who have rolled over and accepted almost everything else Trump have done this. They’ve set a marker down, which is they do not want him bailing out on Ukraine.”
Top Republicans sponsor a bill that could impose 500 per cent secondary tariffs on buyers of Russia oil if Putin doesn’t accept a ceasefire, says Professor Scott Lucas.
Join this channel to get access to perks –
https://www.youtube.com/channel/UCTjDhFuGXlhx9Us0gq0VK2w/join
📻 Listen to Times Radio – https://www.thetimes.co.uk/radio
🗞 Subscribe to The Times https://www.thetimes.co.uk/subscribe/radio-3for3/
📲 Get the free Times Radio app https://www.thetimes.co.uk/radio/how-to-listen-to-times-radio/app