Trump leads Washington to a disaster or a renaissance? .. History answers
US President Donald Trump announced the imposition of comprehensive customs duties on all countries and the confusion he caused in the global scene, we believed that this is a historical precedent that did not happen before, but the irony that it occurred twice in the history of the United States with two different forms and their results were also different, one of which led to a major collapse and another that saved the American economy, so that the side of the Trump gambling will end this. Bitter? It is the first time that the United States has adopted strict protectionist policies under the slogan & Laquo; protecting the national economy & raquo; despite the great controversy raised by this decision, history restores itself in one way or another, the United States witnessed a similar step about 100 years ago, when the American government imposed strict customs duties on thousands of goods imported during the great depression crisis, and the goal was to protect the national industry, but the result was catastrophic. It led to the collapse of international trade and the exacerbation of the economic crisis. Global customs, where countries such as Canada and Germany responded by imposing fees on American products, which led to the collapse of American agricultural products. A record reached 13% in an attempt to treat inflation, then later raised it to 17%, and soon the United States entered a stagnation, as millions of people lost their jobs during the next two years. & Nbsp;
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