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 ...
Like our predecessors in 1930, we oppose the use of tariffs as a general tool for economic policy.
But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.
The Smoot-Hawley Tariff Act of 1930, during the Great Depression, shaped how U.S. industries developed, and not only for the ...
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 ...
MALONE: But that tariff bill from 1930 is anything but boring, says Dartmouth economist Douglas Irwin. DOUGLAS IRWIN: It has a lot of drama. It has really funny names, Smoot and Hawley.
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 ...
The WTO chief said that tit-for-tat trade wars prompted by President Trump's tariff threats would have catastrophic consequences for global growth.