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🇺🇸 Tariffs & Tensions: Is America Returning to Protectionism?

🇺🇸 Tariffs & Tensions: Is America Returning to Protectionism?

Could history repeat itself as the U.S. weighs new tariffs? 🌎 President Trump’s proposed "Liberation Day Tariffs"—set for a critical deadline on July 9—have reignited debates about America’s economic playbook. But this isn’t the first time tariffs have sparked drama: the founding fathers faced similar crossroads over 230 years ago.

From Revolution to Revenue

The U.S. government’s first major law? The Tariff Act of 1789, signed by George Washington on July 4. Designed to tackle war debts, it taxed imports like a VIP list at a colonial party 🎩. James Madison warned Thomas Jefferson that economic woes often fueled political fires—a lesson that still burns today.

Hamilton’s Unfinished Symphony

Alexander Hamilton, the original policy disruptor 🎶, wanted bolder protections for U.S. industries. But the 1789 compromise—balancing Northern factories and Southern farms—left him craving more. Sound familiar? Modern trade wars still juggle competing interests, from factory workers to tech giants.

Fast-forward to 2024: Trump’s tariff strategy echoes these age-old tensions. Will "Liberation Day" unlock economic strength or deepen divides? With global markets watching, the stakes feel higher than a TikTok trend 📈.

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