Yes, the stock bubble burst, and Hoover&#x27;s attempt to impose tariffs backfired badly.<p>I doubt that Trump would implement protectionism.  His rhetoric generally points to leveling the playing field rather than simply banning foreign imports.<p>He talks a good talk about screwing the Chinese, but when push comes to shove there&#x27;s nothing he&#x27;d be able to do about the trade imbalance.