Can history teach us anything about today’s trade tensions?

The Great Depression’s Smoot-Hawley tariffs and the history of empires rising and falling are instructive for anyone wishing to better understand today’s rising trade tensions, says Megan E. Greene, chief economist with John Hancock Asset Management. Megan examines the lessons that may be drawn from history as the U.S. and China engage in retaliatory threats that are triggering financial market volatility and could envelop the world’s great economic powers in a trade war.

Here’s another recent view from John Hancock Asset Management on factors driving market volatility:

Source: John Hancock Investments
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