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If you’re wondering whether tariffs are the magic solution, FDR lived the hard answer: raising barriers worsened the collapse and choked off the very trade that could help recovery.
He’d say the fix was negotiation, not isolation — incremental, reciprocal deals to rebuild relationships and markets. Short-term protection looks good in a speech, but it rarely solves a systemic crisis.
By WWKMDIf you’re wondering whether tariffs are the magic solution, FDR lived the hard answer: raising barriers worsened the collapse and choked off the very trade that could help recovery.
He’d say the fix was negotiation, not isolation — incremental, reciprocal deals to rebuild relationships and markets. Short-term protection looks good in a speech, but it rarely solves a systemic crisis.