FRAME STUDIO / Getty Images The Smoot-Hawley Tariff Act of 1930 raised U.S. import duties with the goal of protecting American farmers and businesses from foreign competition. The Smoot-Hawley ...
President Trump’s support for high tariffs and disdain for free trade harkens back to a much older policy — the Smoot-Hawley Act of 1930. Fans of the movie Ferris Bueller’s Day Off will remember the ...
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 ...
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