Hawley and Smoot, the bogeymen of trade. EVEN when desperate, Wall Street bankers are not given to grovelling. But in June 1930 Thomas Lamont, a partner at J.P. Morgan, came close.

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, ...

On October 4, 1958, a group of MIT students created a new unit of linear measurement: The Smoot. Named after Oliver Smoot, the measurement unit gained notoriety when the students measured the length ...