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 ...

But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.

The history of the Smoot-Hawley Tariff Act shows how Mr. Trump’s tariffs are likely to play out. In 1930, Utah senator Reed Smoot and Oregon representative Willis Hawley proposed a sharp ...

The Smoot-Hawley Tariff Act of 1930, during the Great Depression, shaped how U.S. industries developed, and not only for the ...

Ask President Hoover and Senators Smoot and Hawley what history thinks of their legacies. (Not surprisingly, none were reelected in 1932, as an FYI). Mainland investors only bought $152mm of Hong ...

Among the most infamous examples is the Smoot-Hawley Tariff Act of 1930, which exacerbated an already dire economic situation. Implemented to protect American farmers and manufacturers, the tariff ...

The key difference is that America now has excessively high consumption, while it had low consumption and excess savings when the Smoot-Hawley Tariff Act was passed in 1930. "Done under current ...

World Trade Organization chief Ngozi Okonjo-Iweala urged nations Thursday to keep calm over tariffs, warning that a tit-for-tat trade war would be "catastrophic" for the world economy.

World Trade Organisation chief Ngozi Okonjo-Iweala urged nations Thursday to keep calm over tariffs, warning that a ...

Iweala, urged nations to avoid retaliatory trade wars, warning of devastating impacts on global growth. Speaking at Davos, Okonjo-Iweala referenced the 1930s protectionist measures and called for calm ...