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Dafna11 [192]
4 years ago
13

The Smoot-Hawley Tariff Act was supposed to protect America’s businesses by raising taxes on imported goods..

History
1 answer:
Oduvanchick [21]4 years ago
5 0
This is true.

It backfired however since it not only ruined importing but exporting as well since people made their own tariffs then in other countries. This was the second highest set of tariffs in United States history and in actuality it just made the great depression worse than it was previously because it almost ruined the economy.
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