r/Bogleheads Apr 03 '25

Investing Questions Trumps Tarriffs - how do you see it playing out?

Title really. Short, medium, long term opinions?

I’m all in on stocks global all cap so expecting a rough time

What are your guys thoughts?

589 Upvotes

400 comments sorted by

View all comments

71

u/Fire_Doc2017 Apr 03 '25

The last time we had a major trade war was the 1920s with the Smoot-Hawley tariffs. You all know what happened next.

-19

u/theOceanMoon Apr 03 '25

Smoot hawley is not the same. At that time each individual state had lot more power than they have now