SOMEONE HELP ME PLEASE !! What was the Hawley-Smoot Tariff Act and what was the result of this act?

The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the ill effects of the Great Depression.

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Definition: a law that implemented protectionist trade policies in the United States. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it was signed by President Herbert Hoover on June 17, 1930.

Result: The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the ill effects of the Great Depression

Explanation:

Hawley, it was signed by President Herbert Hoover on June 17, 1930. The act raised US tariffs on over 20,000 imported goods. The tariffs under the act, excluding duty-free imports (see Tariff levels below), were the second highest in United States history, exceeded by only the Tariff of 1828.

on this day in 1913, henry ford installs the first moving assembly line for the mass production of an entire automobile. his innovation reduced the time it took to build a car from more than 12 hours to two hours and 30 minutes.

for the united states of america, 1945 to 1964 was a time of high economic growth and general prosperity. it was also a time of confrontation as the capitalist united states and its allies politically opposed the soviet union and other communist countries; the cold war had begun.

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