Difference between revisions of "Smoot-Hawley Tariff"
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The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by some economists as a huge mistake, largely responsible for the [[Great Depression]]. | The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by some economists as a huge mistake, largely responsible for the [[Great Depression]]. | ||
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Revision as of 20:35, March 14, 2007
The Hawley-Smoot Tariff was enacted in 1930. It imposed high trade barriers on imports to protect American manufacturers. It is criticized by some economists as a huge mistake, largely responsible for the Great Depression.