Fareed Zakaria says Donald Trump inherited a strong U.S. economy in 2017 but disrupted it with sweeping tariffs, a move he compares to the Smoot-Hawley Tariff Act of 1930.

In a commentary aired Sunday on CNN, Zakaria highlighted historical parallels to the 1920s, noting a similar pattern of robust growth followed by protectionist trade policies.

He said agricultural decline back then fueled populist movements, and the tariffs worsened the Great Depression.

Zakaria argues that the U.S. is again favoring a nostalgic view of manufacturing by imposing broad tariffs that hurt the larger service-based economy.