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Trump's Tariffs Echo the Economic Folly of the War of 1812, Historians Warn

As the US conflict with Iran enters its seventh month, economists and historians are drawing parallels with the War of 1812, when a self-inflicted trade embargo and a war of choice devastated the American economy.

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As the US conflict with Iran enters its seventh month, economists and historians are drawing parallels with the War of 1812, when a self-inflicted trade embargo and a war of choice devastated the American economy.