The Smoot-Hawley Tariff Act, signed into law in 1930, was a U.S. legislative measure that raised tariffs on over 20,000 imported goods. Named after its sponsors, Senator Reed Smoot and ...

Smoot-Hawley cast a shadow over tariff policy for decades, Irwin said. "It gave tariffs a bad name," he added. For decades, prominent members of both major parties focused on the risks posed by ...

The Smoot-Hawley Act of 1930, a Depression-era tariff signed into law by then-President Herbert Hoover, continues to be invoked in conversations surrounding Trump’s tariff plan, ...

What could the legacy of Smoot-Hawley mean for Trump’s tariff proposals? Smoot-Hawley cast a shadow over tariff policy for decades, Irwin said. “It gave tariffs a bad name,” he added.

Smoot, who chaired the Senate finance committee, helped oversee passage there in March 1930. Reconciled legislation that became the Smoot-Hawley Tariff Act finally cleared Congress that June.

The Smoot-Hawley Act of 1930, maybe most familiar due to its inclusion in the 1986 film “Ferris Bueller’s Day Off,” was enacted by Republican President Herbert Hoover at the start of the ...

The Smoot-Hawley Tariff collapsed global trade and helped transform the nascent recession into a decadelong global depression. Skip to Main Content Explore Our Brands ...

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. Story Continues ...

What could the legacy of Smoot-Hawley mean for Trump's tariff proposals? Smoot-Hawley cast a shadow over tariff policy for decades, Irwin said. "It gave tariffs a bad name," he added.