The Smoot-Hawley Tariff Act of 1930, aimed at protecting U.S. industries, worsened the Great Depression due to retaliatory trade measures. The current economic context differs, and Trump-era ...
Donald Trump has hit the 30-day pause button on imposing 25% tariffs on Canada and Mexico, but is proceeding with slapping 10 ...
Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks ...
All of this madness will lead to increased famine, disease, suffering and economic instability, while handing geopolitical ...
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 ...
History points to Henry Ford being one of those begging Herbert Hoover to veto the Smoot-Hawley tariffs in 1930. And, in 2025, the car industry is one obvious potential tariff loser. "It's true to ...
How did the Smoot-Hawley Act come to be? Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was just another example of the ...
It seems few people today know about the Smoot-Hawley Tariff Act of 1930. At that time, one year into the Great Depression, the economies of Canada and the United States were in the dumps and ...
Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...