mar 13, 1930 - Smoot-Hawley Tariff Act
Description:
The Tariff Act of 1930, commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, was a law that implemented protectionist trade policies in the United States. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it was signed by President Herbert Hoover on June 17, 1930. Global trade plummeted, contributing to the ill effects of the Great Depression.Added to timeline:
Date:
mar 13, 1930
Now
~ 95 years ago