Smoot-Hawley tariffs led to greatly diminished global trade — and, some experts argue, exacerbated the Great Depression.
Donald Trump's tariff war threatens to rage out of control. If PM Keir Starmer had any sense, he'd sit this one out. Instead ...
Public policy debates on issues such as citizenship, tariffs and education can be enriched by considering the historical context.
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 ...
Tariffs are pure Trump: unconventional, daring, unafraid of challenging established relationships and ways of conducting business and diplomacy, contemptuous of history and, in this case, even geograp ...
For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.
President Donald Trump is set to follow through on one of his major campaign promises: placing new tariffs on Canada, Mexico ...
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump's ...
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 ...
The Smoot-Hawley Tariff Act of 1930 kneecapped America's ability to escape the Great Depression, and today's trade wars look ...
It even made it to Ferris Bueller’s Day Off, the great movie of the 1980s, which is the Smoot-Hawley Tariff of 1930, kicked off a big round of protectionism during the Great Depression.