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Reagan Imposes 100% Tariffs on Japan Goods : Retaliatory Sanctions Aimed at $300 Million in Electronic Products in Semiconductor Dispute
President Reagan decided Friday to impose punitive 100% tariffs on a wide variety of goods produced by Japanese electronic giants in retaliation for Tokyo's failure to abide by the semiconductor trade agreement between the two nations.www.latimes.com
Ronald Reagan schools Trump on the stupidity of tariffs
One of the lessons Reagan learned from those dark days is that, in trade wars, everybody loses. So, when he came into office, Reagan took a very limited, very strategic approach when it came to tariffs.
Evidently, the U.S. did not benefit from Reagans tariffs on China, as the statement in the video camee after Reagan imposed those tariffs.
Lesson learned by Reagan but not by Incompetent Trump.