Trump’s Protectionism and the Danger of a 1930s-Style Tit-for-Tat Trade War
The good news is that Donald Trump is not imitating all of Herbert Hoover's statist policies.
The bad news, as I explain in this interview, is that his protectionist mistakes could trigger a repeat of Hoover's beggar-thy-neighbor protectionism that wreaked havoc in the global economy during the 1930s.