President Donald Trump is unveiling his sweeping tariff plan on Wednesday, a date he has dubbed “Liberation Day” in his goal ...
Economic conditions have shifted quickly as the Trump administration started a trade war and created uncertainty with its ...
A recession is a decline in economic activity lasting over a few months. A depression is a more severe recession, but there has only been one major economic depression in the US. Consequences of ...
There are also fears that the tariffs could trigger an economic downturn reminiscent of the Great Depression nearly a century ago. The Great Depression was a catastrophic economic downturn that ...
Several factors led to the Great Depression, one of the most severe economic crises in U.S. history. NPR interviewed economists who discussed the... President Trump's new tariffs on Canada ...
America’s Smoot-Hawley tariffs have been blamed for the Depression, but this is inaccurate. Economic historians instead finger unintended monetary tightening as the downturn’s cause.