| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,919,310,506 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Smoot-Hawley Tariff Act |
Also found in: Financial, Wikipedia | 0.01 sec. |
|
|
Smoot-Hawley Tariff Act(1930) U.S. legislation that raised import duties by as much as 50%, adding considerable strain to the worldwide economic climate of the Great Depression. Despite a petition from 1,000 economists urging Pres. Herbert Hoover to veto the act, it was passed as a protective measure for domestic industries. It contributed to the early loss of confidence on Wall Street and signaled U.S. isolationism. Other countries retaliated with similarly high protective tariffs, and overseas banks began to collapse. In 1934 Pres. Franklin D. Roosevelt signed the Trade Agreements Act, which reduced such tariffs. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Mentioned in | ? | References in periodicals archive | ? | Encyclopedia browser | ? | Full browser | ? | |||
|---|---|---|---|---|---|---|---|---|---|---|
No references found | Protectionism spread like wildfire around the world after the United States passed the infamous Smoot-Hawley Act of 1930. TRANSFORMATION: THE RECIPROCAL TRADE AGREEMENTS ACT OF 1934 The transformation from the protectionism of the Smoot-Hawley Act of 1930 to the expansionist philosophy of the Reciprocal Trade Agreements Act of 1934 (RTAA) turned the United States from an inward-looking, isolationist, and protectionist country into one focused both on international economic affairs and on exports. I've joked with colleagues that if I put in the Smoot-Hawley Act today, we could find a number of representatives who would co-sponsor it before they realized it was the same bill that helped set off a worldwide depression. |
Smoot-Hawley Act |
smoodges smoodging smooge smooged smooger smoogers smooges smooging Smoor smoored smooring smoors SMOOS smoosh smooshed smooshes smooshing Smoot hawley Smoot Hawley Act Smoot Hawley Tariff Smoot Hawley Tariff Act Smoot Hawley Tariff Act of 1930 Smoot, George Fitzgerald, III Smoot, Reed Smoot-Hawley Act Smoot-Hawley tariffSmoot-Hawley Tariff Act Smoot-Hawley Tariff Act Smoot-Hawley Tariff Act of 1930 Smoot-hawley tariff bill Smoot-Hawly Tariff smooth smooth smooth smooth smooth smooth Smooth (mathematics) Smooth (mathematics) Smooth (mathematics) Smooth (mathematics) smooth alder smooth as glass smooth as silk smooth ashlar smooth aster smooth away smooth away smooth back smooth back smooth bark kauri Smooth Basis Function Minimization smooth blasting smooth bore smooth bore | |||||||
| Encyclopedia |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|