analysis by رضا غنی پور about Stock قرن on 4/12/2025

رضا غنی پور
🟢 Tariffs and trade war have already occurred. For example, US President Herbert Hoover, who was elected in 1928, decided to protect American farmers by tariff tools against Europe. The Smote-Holi law is a return to the nineteenth-century model of economic stimulation policies during the recession, especially from a supportive perspective. This model was based on Henry Clay, who said: "During the recession or crisis, let's put a tariff wall around the United States to protect the turbulence of the international market." It was: "If we close tariffs, we will survive the storm of recession." Try this after the 1857 financial crisis. Even in the 1870s and 1890s they tried several times; But it really didn't have a brilliant or at least ambiguous results. With the fall of the stock market in 1929, the big recession began, and Congress was already reviewing tariff reviews, which is usually done every 5 to 10 years when supporters have power. Congress saw the situation as "this is an opportunity! Let's re -enforce the package of the general artistic economic stimulus. Take the country into an economic castle. 🟢 but the result was exactly the opposite; Not only was it not successful, but it was catastrophic. This led to the international trade war. Every other country that was a US business partner imposed a retaliatory tariff against the United States. At that time, the main US exports were agriculture. The crisis was also the agricultural sector. Now imagine America exported corn and wheat to Europe; But in response to the US, Europe began to close heavy tariffs. Which part of the economy is hit? Agriculture. In fact, this was a double blow to the American economy. In the first four years of the law, world trade was almost destroyed to less than a quarter of the 1920s trade. "We were fired," said Congress in 1934. We can't get out of this situation ourselves and take the work to the State Department for negotiations. ========================= ☑@Reza_Ghanipur