Скачать или смотреть Protectionism And Tariffs Explained In 8 Minutes

Why protectionism and tariffs keep repeating throughout history of economics?

In this video, we break down the concept of *protectionism**—a key force behind many of the world’s most intense trade disputes. From the **Smoot-Hawley Tariff Act* to the **U.S.–China trade war**, this deep dive into tariffs and trade wars explores how governments try to protect domestic industries, and what it costs us.

📌 What You’ll Learn:
What is protectionism?
How tariffs and reciprocal tariffs work
Real historical trade war examples
How the Smoot-Hawley Tariff backfired
The impact of tariffs on global trade and everyday consumers

🔔 Subscribe for more deep dives into economic history and global politics.

⏱ Timestamps:
00:00 – Intro
00:25 – What Are Tariffs?
01:30 – The History of Tariffs And Trade Wars
02:55 – Britain's Trade Deficit With China
03:20 – Smoot Hawley Tariff
04:05 – US-China Trade War
05:20 – The Odd World of Trade Wars
07:15 – Do Tariffs Really Work?
08:00 – Final Thoughts

👇 Drop a comment: Do you think protectionism helps or hurts economies?

#protectionism and tariffs #tradewars #economics