Money magazine Comments - Market turmoil: Are Trump's tariffs a repeat of the 1930s trade war? Donald Trump's latest wave of global import tariffs is sending shockwaves throughout world economies, drawing comparisons to the infamous Smoot-Hawley Tariff Act of the 1930s. https://www.moneymag.com.au/feed/latest?story=179808134 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Market turmoil: Are Trump's tariffs a repeat of the 1930s trade war? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png