jan 1, 1930 - US: "Smoot-Hawley Tariffs"
Description:
Signed by President Herbert Hoover, the Smoot-Hawley Tariffs was a law that implemented protectionists trade policies in the US on many imported goods (20k).The tariffs under the act were the second-highest in US history and probably worsened the already bad financial and economic crisis the European Continent was going through.
Added to timeline:
Date:
jan 1, 1930
Now
~ 95 years ago