Tariff War Risks Sinking World Into New Great Depression

The International Chamber of Commerce warns that the world could face a crash similar to the Great Depression of the 1930s if the U.S. imposes steep tariffs on imports, leading to a damaging global recession.

The Impact of Trade Wars on the Economy

President Donald Trump's belief that trade wars are good and easy to win has been disputed by many economists who point to the negative impact of the Smoot-Hawley Tariff Act in the 1930s. The act exacerbated the Great Depression by leading to retaliatory tariffs from other countries, causing a significant drop in global trade.

Herbert Hoover's Presidency and Post-Presidency

Herbert Hoover served as America's 31st president and was known for his humanitarian efforts before and after his presidency. He helped Americans return home during World War I and led the Commission for Relief in Belgium. After his presidency, he worked on commissions under other presidents and dedicated time to writing books. Hoover died in 1964.

Franklin D. Roosevelt's 'fireside chats'

Fox News explores Franklin D. Roosevelt's 'fireside chats' during the Great Depression to understand his power of persuasion and impact on the nation.