Dossier
Smoot-Hawley tariffs
Coverage of Smoot-Hawley tariffs in the Nexus archive.
- SEN RAND PAUL: DC's Russia sanctions bill won't stop Putin — but it will hurt you
Sen. Rand Paul criticizes the Graham Sanctioning Russia Act of 2026, arguing its 500% tariffs on Russian trade and potential 100% tariffs on countries importing Russian energy would harm American consumers and companies. The bill targets China, India, Japan, and others, with penalties affecting 40% of the global population, and could disrupt global trade similar to the Smoot-Hawley tariffs.