The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, [1] was a law that implemented protectionist trade policies in the …

Jan 13, 2025 · Smoot-Hawley Tariff Act, U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international …

May 23, 2024 · The Smoot-Hawley Tariff Act raised U.S. import taxes to protect American businesses from foreign competition. Global trade plummeted as a result.

Rather than the promised new era of prosperity, Smoot-Hawley had helped bring about an era of misery. Between 1929 and 1933, America’s wealth nearly halved – and the unemployment …

Dec 2, 2024 · The Smoot-Hawley tariffs set off a near-immediate trade war, in which several foreign nations responded to tariffs by slapping U.S. imports with taxes of their own.

In June 1930, the Smoot-Hawley Tariff Act increased U.S. tariffs on agricultural imports and more than 20,000 imported goods. The tariffs imposed were the second-highest in American history. …

Dec 11, 2024 · Today on the show, we tell the nearly 100-year-old story of Smoot and Hawley, that explains why Congress decided to delegate tariff power to the executive branch in the first …

This amusing scene managed to omit the U.S. Senate, but it was on June 13, 1930, that the Senate passed the Smoot-Hawley Tariff, among the most catastrophic acts in congressional …

Formally called the United States Tariff Act of 1930, this legislation, originally intended to help American farmers, raised already high import duties on a range of agricultural and industrial …

Apr 5, 2018 · The U.S. and China have announced new protectionist tariffs, in what some fear is a trade war. We bring you the story of a bygone era of American protectionism: the Smoot …