Last Friday, rhetoric erupted once again concerning Tariffs and Trade Wars…. For some, present parties included, it seems like this is the first time we have experienced this type of talk.
Our friends from Visual Capitalist are here to rescue our memories and remind us all, this is far from the first Rodeo on Tariffs…. it’s actually been going on for 100’s of years…. note the interesting progress (lowered trading costs over time!)
For those wanting a detailed analysis Scott Grannis chimes in and does a great job explaining in great detail…
Here is your chart:
Have a Great “Trade Wars History Perspective” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth