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 ...
Tariffs are neither a panacea nor necessarily injurious. Their effectiveness, like that of any economic policy intervention, depends on the circumstances under which they are implemented. Smoot-Hawley ...
Herbert Hoover signed the retaliatory Smoot-Hawley Tariff Act of 1930, and it only made the Great Depression worse. | Opinion ...
The US was already one of the highest tariff enacting nations prior to the Smoot-Hawley Act and through those policies became the preeminent manufacturing economy in the world. We also haven't ...
Herbert Hoover signed the retaliatory Smoot-Hawley Tariff Act of 1930, and it only made the Great Depression worse. Mark Benedict Barry Library of Congress Protectionism doesn’t work ...