Trump Faces Backlash Over False Claims Linking Tariffs to Great Depression
During a Rose Garden event, Trump inaccurately asserted that abandoning tariffs caused the Great Depression, drawing criticism from historians and economists.
- Donald Trump claimed that the Great Depression resulted from the U.S. abandoning tariffs in favor of an income tax, a statement widely criticized as historically inaccurate.
- Experts and historians refuted Trump's remarks, highlighting the role of the 1930 Smoot-Hawley Tariff Act in worsening the economic downturn by stifling international trade.
- Trump used his revisionist narrative to promote a new executive order on reciprocal tariffs, part of his broader protectionist economic agenda.
- Critics pointed out that the U.S. had high tariffs during the Great Depression, directly contradicting Trump's claims about the absence of such policies.
- The controversy has sparked significant public and expert backlash, with commentators accusing Trump of distorting history to justify his current policy initiatives.