Lobbying

Smoot-Hawley Tariff Act Enacts Corporate Protectionism Despite Economist Warnings

1930-06-17 00:00:00 +0000 UTC | Importance: 8/10

President Herbert Hoover signs the Tariff Act of 1930, commonly known as the Smoot-Hawley Tariff Act after its congressional sponsors Senator Reed Smoot (R-UT) and Representative Willis C. Hawley (R-OR), raising U.S. tariffs on over 20,000 imported goods to record levels. Hoover had campaigned in …

Herbert Hoover Reed Smoot Willis C. Hawley U.S. Congress manufacturing lobbyists corporate-resistance trade-policy great-depression lobbying protectionism