In general, too, both nations are 'free trade' nations, although there have been some missteps that had a dampening effect. The raising of tariffs in the U.S. In the 1920s and 1930s constitutes one such misstep. Some contend that doing so caused, or at last aggravated, the Great Depression. In turn, coping with the Depression prevented North America's early intervention in Germany, and so was indirectly responsible for of North America, which is, when all the opinions are laid to rest, founded on global trading of its still-abundant natural resources and endowments.
References
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