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 United States.

Jan 13, 2025 · Smoot-Hawley Tariff Act, U.S. legislation passed on June 17, 1930, that raised import duties to protect American businesses and farmers, adding considerable strain to the international climate of the Great Depression.

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.

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 goods by some 20 percent.

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. The goal was to protect American farmers who were most affected by the Great Depression.

Apr 5, 2018 · We bring you the story of a bygone era of American protectionism: the Smoot-Hawley tariffs of the 1930s. DAVID GREENE, HOST: These tariffs and counter-tariffs from the U.S. and China hearken...

hawley-smoot tariff The Hawley-Smoot Tariff Act of June 17, 1930, was the final act in a phase begun in the 1860s, during which, with occasional counter movements, duties on imports increased, particularly under Republican administrations.

Jul 3, 2019 · The US Congress passed the United States Tariff Act of 1930, also called the Smoot-Hawley Tariff Act, in June 1930 in an effort to help protect domestic farmers and other US businesses against stepped-up imports after World War I.

Working with Congressman Willis C Hawley, chairman of the House Ways and Means Committee, he devises the Tariff Act, which becomes law, after months of horse-trading, in June 1930.

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 history. How did this happen?