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Posted: 2025-04-17 07:45:42 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-17 07:46:24 UTC
Verified By
Rollup News
Jerome Powell comments on the lack of real-world experience with tariffs of the current magnitude, referencing the Smoot-Hawley tariffs from 95 years ago as not being as large.
Tariff size and impact
Historical comparison to Smoot-Hawley tariffs
Lack of contemporary experience with similar tariffs
Assessing the impact of tariffs without recent historical precedent