Despite his blustering style, his best points were just simple common sense ... especially with the wretched Hawley-Smoot Tariff Act of 1930. The result was a decade-long world depression and the ...
Like our predecessors in 1930, we oppose the use of tariffs as a general tool for economic policy.
And during the Great Depression, the Hawley-Smoot tariff boosted the average U.S. import tax to 59 per cent. For a century and a half, from the early 1800s until the late 1940s, U.S. tariffs were ...
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 ...
Perhaps most infamously, Congress raised close to nine hundred separate tariffs with the 1930 Smoot-Hawley Tariff Act, which many economists say worsened the Great Depression. But over the past ...
implemented policy. This week’s chart highlights the weighted average U.S. tariff rate going back to 1920. Notice the Smoot-Hawley Act (1930) marked the peak of U.S. tariffs (~20 per cent ...
Sens. Josh Hawley (R-Mo.) and Ben Ray Luján (D-N.M.) have reintroduced legislation to reauthorize and expand the Radiation Exposure Compensation Act (RECA) after a similar bill cleared the Senate ...
TSMC declined to comment on Trump's latest tariff remarks. Earlier this month, Taiwan Economy Minister Kuo Jyh-huei said he only expected a small impact from any tariffs imposed by Trump on ...
PARKERSBURG — The Smoot Theatre has announced its first Winter Lecture Series of topics of local and statewide interest. Three lectures will be held at 3 p.m. Feb. 2, Feb. 23 and March 2 in in ...
Jan 28 (Reuters) - Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a universal tariff on foreign-imported goods - to ones ...