Trump administration officials did not anticipate that other countries would implement retaliatory tariffs in response to US tariffs, which is a critical miscalculation given the historical precedent of the Smoot-Hawley tariffs exacerbating the Great Depression through tit-for-tat escalation.
causalpending
Speaker
Tim KolkatzEvidence Quote
“the White House Trump really did not anticipate retaliatory tariffs... that has always been the underlying fear from economists... the smooth Holly ter fact they actually erected tariff barriers and the rest of the world replied and it just everything kind of just shut down”
Created: 8/11/2026, 7:02:23 AM
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