jun 17, 1930 - Signs Smoot-Hawley Tariff Act (“The Tariff Act of 1930,” 46 Stat 590), which, in 175 pages, raised tariffs on thousands of heavily imported goods. Released statement discussing his intent to sign on 06/16/1930). This tariff has been widely seen as contributing to the global depression by stimulating other countries to retaliate
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Date:
jun 17, 1930
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~ 95 years ago