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The Last Time the Economy Was This Bad, It Was the Great Depression
Summary by The New Republic
3 Articles
3 Articles
China's ambassador to Washington called on the US to avoid mistakes that led to the Great Depression in the 1930s, saying Beijing is ready to retaliate in a trade war. Meanwhile, China is reported to have cut off funding for US private capital
·Türkiye
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Chinese envoy warns US tariffs risk repeating great depression mistakes
In a pointed and symbolic speech in Washington, China’s ambassador to the United States, Xie Feng, warned that escalating tariffs on Chinese goods risk repeating the economic catastrophes of the past, drawing a direct comparison to the infamous Smoot-Hawley Tariff Act that deepened the Great Depression of the 1930s. His remarks, delivered at a Traditional Chinese Medicine (TCM) event on April 19, underscore Beijing’s growing concern with the ris…
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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