NPR

Can A Reagan-Era Policy Offer An Alternative To Tariffs?

In the 1980s, America's automakers were suffering as new competition came in from Japan. The U.S. response could serve as an example for the Trump administration in its ongoing trade battles.

It was 1981.

A new Republican president with a background in the entertainment business was trying to jump-start the U.S. economy out of a brutal recession.

The president pushed tax cuts.

Then his administration had to come up with a plan to deal with trade. America's auto industry was suffering, as new competition came in from Japan.

What the Reagan administration did about it

You're reading a preview, sign up to read more.

More from NPR

NPR3 min readPolitics
Latinx Voters In Texas Set To Play Key Role In 2020 Election
The Latinx vote is still up for grabs by both parties in Texas. A new report from the University of Houston’s Center for Mexican American Studies shows the decisive role this voting bloc could play in the 2020 presidential election. Latinx — a gender
NPR2 min read
Death Toll Climbs After Typhoon Hits Japan
More than 50 people are dead in the aftermath of Typhoon Hagibis, which dropped extreme amounts of rain over the weekend and caused catastrophic flooding in residential areas.
NPR4 min read
Bill Bryson's Latest Is A Different Kind Of Journey — Into 'The Body'
Bryson is beloved for his travel writing, but in his new book he's undertaking an interior journey, looking at everything from medical oddities to the amazing way your body fights off most cancers.