U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Carlos Barria | ReutersThe tariff policy outlined by President Donald Trump on Wednesday appears...