Wednesday, June 8, 2016

Hillary Clinton: "A trade war is something very different (than curbing new trade agreements). We went down that road in the 1930s. It made the Great Depression longer and more painful."

During a speech in which she attacked Donald Trump’s foreign policy ideas as "dangerously incoherent," Hillary Clinton reached back almost nine decades to make a Great Depression-era analogy.

Clinton said she understood voters’ concerns about the negative impacts of free trade agreements -- a big driver of Trump’s electoral success so far. Still, pursuing large tariffs against such trading partners as China and Mexico -- as Trump has suggested -- would be dangerously misguided, Clinton argued. 

"I understand a lot of Americans have concerns about our trade agreements," Clinton said. "I do, too. But a trade war is something very different. We went down that road in the 1930s. It made the Great Depression longer and more painful."...
http://www.politifact.com/truth-o-meter/statements/2016/jun/06/hillary-clinton/shot-donald-trump-hillary-clinton-correct-about-ta/


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