Trump/GOP Dangerous Rage $200B Tariffs China Dow - $137 STOP Supreme Court Nomination

[mitty14u2]

How Trump Could Sink The Stock Market: Watch This Key Risk

Economists differ on how much blame the Smoot-Hawley tariffs deserve for the Great Depression. They also disagree on how much credit President Franklin Roosevelt deserves for the Reciprocal Tariff Act, which put the U.S. on a path to lower tariffs.

But the stock market had no trouble choosing sides.

A look back at two pivotal bills — the Smoot-Hawley Act and the Reciprocal Tariff Act — and the Dow's reaction, might serve as a cautionary tale for President Trump. Put simply, the stock market doesn't like tariffs, and if Trump pushes it too far, he could sink the stock market.

Let's look at key news events surrounding the protectionist Smoot-Hawley bill that President Hoover signed in 1930 and the more free-trade oriented Reciprocal Tariff bill that FDR signed in 1934.
We causation. That's for economists and historians to settle. Stock analysts are interested in only one thing: How did the market react?

https://www.investors.com/how-to-invest/investors-corner/trump-trade-tariffs-history-dow-jones-industrials/

[Bernardo de La Paz]

1. The Dow units are not dollars. "We causation"?

What does Kavanaugh have to do with the level of the Dow? You and your excerpt are silent on it.

[former9thward]

2. Dow goes down 137 after going up hundreds of points the last 3 days.

Time to panic!