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How Trump's threatened tariffs echo a failed American trade policy of the 1930s
President Trump’s support for high tariffs and disdain for free trade harkens back to a much older policy — the Smoot-Hawley Act of 1930. Fans of the movie Ferris Bueller’s Day Off will remember the ...
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What to know about the Smoot-Hawley tariffs and their role in the Great Depression
Within months of the stock market crash, Hoover signed into law the Smoot-Hawley Tariff Act, a 1930 measure that increased tariffs for a broad swathe of imported goods. In response, several ...