Snopes: Did Reagan Warn Of A "Demagogue" Declaring Trade War Against America’s Friends?
Did Ronald Reagan Warn Against ‘Demagogues’ Willing to Declare a Trade War Against America’s Friends?
During a 1988 radio address, President Reagan railed against those calling for trade tariffs and derided protectionism as "a cheap form of nationalism."
"What Would Reagan Really Do?"
Newsweek
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