3 years ago

How did the Harley smoot tariff make the depression worse

1 answer:

7 0

It increased 900 import tariffs by an average of 40% to 48%. Most economists blame it for worsening the Great Depression. It also contributed to the start of World War II. In June 1930, Smoot-Hawley raised already high U.S. tariffs on foreign agricultural imports.

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