🌍 History has a funny way of repeating itself — and not in a good way. In 1930, the U.S. passed the Smoot-Hawley Tariff Act, triggering a global trade collapse that deepened the Great Depression. Nearly 100 years later, experts fear America is making the same blunder. 🔄
Back then, over 1,000 economists begged the government to veto the bill. Business leaders called it a “disaster.” Today, warnings are echoing again as tariffs spark fears of a modern trade war. 🛑 With the world now hyperconnected, could protectionism backfire even harder?
"Tariffs are like throwing a rock into a pond," says economist Li Wei (not real). "The ripples hit everyone — suppliers, consumers, global markets." From tech to agriculture, industries brace for fallout. 💸
Will the U.S. heed history’s lesson? Or are we doomed to rerun this ‘Tariff-ic’ nightmare? Let’s hope policymakers start binge-watching economic history documentaries. 📉🎬
