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OpenStudy (anonymous):
What was the purpose of the Hawley-Smoot Tariff of 1930?
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OpenStudy (anonymous):
The Tariff Act of 1930, otherwise known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff (P.L. 71-361) was an act, sponsored by United States Senator Reed Smoot and Representative Willis C. Hawley, and signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels.
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