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Posted by on Mar 6, 2018 in Economy, International, Politics | 0 comments

Economists warn Trump’s policies will start a 1930s-era trade war

Marian Kamensky, Austria

Many economists are sounding alarm bells over President Donald Trump’s apparent push toward protectionism and an all-out retaliatory trade war. They say history is clear: It’s a bad idea. The Great Depression pushed millions of Americans into catastrophic poverty — which lasted for years. Savings were wiped out. Unemployment reached 25 percent, and in an age…

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