Tariffs Gone Wrong: How U.S. Presidents Keep Repeating the Same Trade Mistakes
Tariffs have always been sold as a way to protect American industries. But more often than not, they end up backfiring—hurting workers, killing jobs, and even tipping the economy into chaos.
Trump’s trade war with China might seem like a modern fiasco, but it fits a much older pattern. Let’s take a look at three of the worst tariffs in American history—and how Trump’s strategy ended up in the same hall of shame.
1. The Tariff of Abominations (1828) — President John Quincy Adams
What it did:
Under President John Quincy Adams, Congress passed the Tariff of 1828, which slapped heavy taxes on imported goods, especially textiles and manufactured products. The goal was to protect Northern factories—but it crushed the Southern economy, where cheap imports and cotton exports were critical.
Public reaction:
The South erupted in outrage. South Carolina called it the “Tariff of Abominations” and threatened to nullify the law. Tensions between North and South skyrocketed, setting the stage for future conflict over states’ rights and federal authority.
How it was resolved:
President Andrew Jackson and Congress passed the Compromise Tariff of 1833, which gradually lowered tariff rates and temporarily cooled off the crisis.
Bottom line:
Adams’ tariff nearly tore the country apart decades before the Civil War even started.
2. The Smoot-Hawley Tariff (1930) — President Herbert Hoover
What it did:
Signed into law by President Herbert Hoover, the Smoot-Hawley Tariff raised taxes on more than 20,000 imported goods. The idea was to protect American farmers and manufacturers at the start of the Great Depression—but it triggered a global trade collapse instead.
Public reaction:
Economists, businesses, and even members of Hoover’s own party begged him not to sign it. After it passed, countries around the world retaliated, slapping tariffs on American exports. Global trade froze. Prices rose. Millions of jobs were lost. The Depression deepened.
How it was resolved:
When Franklin D. Roosevelt took office, he worked to reverse the damage through new trade agreements that lowered tariffs and reopened global markets.
Bottom line:
Hoover’s tariff turned a bad recession into a global economic catastrophe.
3. Bush’s Steel Tariffs (2002) — President George W. Bush
What it did:
In 2002, President George W. Bush imposed tariffs of up to 30% on imported steel to rescue struggling U.S. steel companies.
Public reaction:
American manufacturers exploded in anger—higher steel prices made cars, construction equipment, and appliances more expensive to produce. U.S. allies like the European Union and Japan threatened retaliatory tariffs targeting politically sensitive U.S. exports like Florida orange juice and Harley-Davidson motorcycles.
How it was resolved:
The World Trade Organization ruled Bush’s tariffs illegal. Facing retaliation and economic fallout, Bush scrapped the tariffs early—well before their scheduled expiration.
Bottom line:
Bush’s steel tariffs saved a few steel jobs but cost far more jobs in manufacturing.
4. Trump’s Tariff Fiasco (2018–2020) — President Donald Trump
What it did:
President Donald Trump launched a full-blown trade war with China, slapping tariffs on hundreds of billions of dollars in imports. He also targeted allies like Canada, Mexico, and the EU with tariffs on steel and aluminum.
Public reaction:
The blowback was swift and painful. Farmers—especially soybean growers—got crushed when China stopped buying U.S. crops. Consumers faced higher prices on everything from groceries to washing machines. Businesses warned that rising costs and supply chain disruptions were hammering the economy. Trump insisted “tariffs are great” even as American workers and industries paid the price.
How it was resolved:
A limited “Phase One” trade deal was signed with China in early 2020, but many tariffs stayed in place. The Biden administration has kept some of Trump’s tariffs but shifted toward rebuilding alliances to compete with China more strategically.
Bottom line:
Trump’s tariffs hurt American farmers, businesses, and families far more than they hurt China.
Conclusion: Different Presidents, Same Mistake
Across nearly two centuries, the story stays the same:
- A president promises tariffs will “protect American jobs.”
- Other countries retaliate.
- Costs rise.
- Jobs are lost.
- The economy suffers.
From John Quincy Adams to Herbert Hoover to George W. Bush to Donald Trump, tariffs have proven again and again to be a political gamble that regular people end up paying for.
When politicians treat trade like a zero-sum game, history shows the real losers are the workers, farmers, and consumers caught in the crossfire.