22h 25min, jun 17, 1930 y - Hawley-Smoot Tariff Enacted
Description:
To this very day, it is the highest import tax in the history of the U.S. It was passed in order to help protect American businesses, and farmers. However, many argue that it did more harm than good. It did much to ensure that the American Depression would be a worldwide one.Added to timeline:
Date:
22h 25min, jun 17, 1930 y
Now
~ 95 years ago