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 ...

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 ...

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...