The Chinese Embassy in the U.S. on Monday shared a clip of former President Ronald Reagan denouncing tariffs as having “prevented economic recovery,” saying his “speech finds new relevance in 2025.”

The embassy posted to social media a clip of a radio address that Reagan gave during his presidency in 1987 in which he criticized the Smoot-Hawley Tariff Act of 1930, saying it worsened the Great Depression near its onset and “prevented economic recovery.”

Reagan went on to scold politicians who support tariffs as being willing to “risk America’s prosperity for the sake of a short-term appeal to some special interest group” and “who forget that more than 5 million American jobs are directly tied to the foreign export business and additional millions are tied to imports.”

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