Chad Scott

speaker

9,764 appearances 31 recordings 2 series first heard Apr 2026 last heard 6d ago

Chad Scott’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 31 in all, peaking in Jul 2026 with 8.

Appearances

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American Power · America Can’t Afford a Trade War With Canada · 26 Aug 2026 podcast

I'm gonna talk about his contradictory foreign policy. voice-verified

But the reason I say Hoover is because Hoover is associated with what was called the Smoot Holly Act. voice-verified

And it was a it was something that was put in place where tariffs are supposed to to voice-verified

endeavor that this country took upon to to l essentially make it so that we Americans would have to pay less taxes. voice-verified

This happened in 1930 and it raised tariffs by thousand on thousands of imported goods. voice-verified

And it happened just as the Great Sh Great Depression was taking hold. voice-verified

And so voice-verified

All of our trading partners, and we're seeing this now with Canada and China, all of our trading partners retaliated, though. voice-verified

So international commerce completely contracted and it dramatically dragged the economy down. voice-verified

And US exports, especially when it came to farmers, were really hit really hard. voice-verified

And so during this time, because of the smootali legislation, US exports fell by roughly two-thirds. voice-verified

Thirds between 1929 and 1933. voice-verified

And therefore world trade collapsed and it led to the Great Depression. voice-verified

Ever since then, we have always seen tariffs as something to kind of keep a distance. voice-verified

Yes, they're good if there's uh overtly um nefarious practices like China stealing international or intellectual property, for instance, then tariff some things, hit them, punish them. voice-verified

But just using tariffs to broadly say this is unfair and we don't like the US is supposed to be an open market for a reason. voice-verified

That's why people come to us. voice-verified

We are a secure open market. voice-verified

And what Trump is doing is now going back to the same types of legislation, the same types of policies that essentially ran us into the Great Depression. voice-verified

And as a businessman, it blows my mind. voice-verified

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