Within months of the stock market crash, Hoover signed into law the Smoot-Hawley Tariff Act, a 1930 measure that increased tariffs for a broad swathe of imported goods. In response, several ...
FRAME STUDIO / Getty Images The Smoot-Hawley Tariff Act of 1930 raised U.S. import duties with the goal of protecting American farmers and businesses from foreign competition. The Smoot-Hawley ...
That the Smoot-Hawley Tariff Act of 1930 was, as a whole, futile and that the various measures adopted therein are little more than gestures, "made because the Republicans had vaunted the tariff ...
Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks ...