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The Smoot-Hawley Tariff Act was a law that raised duties on agricultural imports, resulting in economically severe consequences.
The official U.S. Senate website refers to Smoot-Hawley as "among the most catastrophic acts in congressional history."
From Investopedia
The Smoot-Hawley Tariff Act was a law that raised duties on agricultural imports, resulting in economically severe consequences.
The official U.S. Senate website refers to Smoot-Hawley as "among the most catastrophic acts in congressional history."
From Investopedia