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The Smoot-Hawley Tariff Act raised U.S. tariffs to nearly 60% on tens of thousands of imported goods, resulting in higher prices for Americans, sparking retaliation and the collapse of global trade.
This video explores the history of the Smoot-Hawley Tariff Act, examining its devastating impact on the global economy during the Great Depression. We'll analyze the causes, ...
The Smoot-Hawley Act of 1930, a Depression-era tariff signed into law by then-President Herbert Hoover, continues to be invoked in conversations surrounding Trump’s tariff plan, as the on-again ...
The Smoot-Hawley Tariff Act raised U.S. tariffs to nearly 60% on tens of thousands of imported goods, resulting in higher prices for Americans, sparking retaliation and the collapse of global trade.
“The Smoot-Hawley tariff ignited an international trade war and helped sink our country into the Great Depression,” then-president Ronald Reagan said during a radio address in 1986.
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.
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.
The Smoot-Hawley Act of 1930, ... The policy raised U.S. import tariff rates, which were already high, in an attempt to guard American businesses and farmers from foreign competition.
Signed into law in June 1930, the Smoot-Hawley Tariff Act sharply raised U.S. tariffs on over 20,000 imported goods to protect American farmers and manufacturers during the early days of the Great ...
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 ...
Trump tariffs conjure specter of Smoot-Hawley Act, a Depression-era blunder. The 1930 tariff bill hurt exporters and provoked other countries to enact their own tariffs as the U.S. economy ...
Cezar, whose great-grandfather died in 1941, said the law was part of her early education, too. “The Smoot-Hawley Act is part of my family’s history, and I learned about it as a kid,” she said.