The Great Depression’s Smoot-Hawley tariffs and the history of empires rising and falling are instructive for anyone wishing to better understand today’s rising trade tensions. Megan E. Greene, chief economist with John Hancock Asset Management, examines the lessons that may be drawn from history as the U.S. and China engage in retaliatory threats that could trigger a trade war.
The views expressed in the video and article are those of Megan E. Greene, chief economist John Hancock Asset Management, and are subject to change. No forecasts are guaranteed. This commentary is provided for informational purposes only and is not an endorsement of any security, mutual fund, sector, or index. Past performance does not guarantee future results.