The Smoot-Hawley Act of 1930, a Depression-era tariff signed into law by then-President Herbert Hoover, continues to be invoked in conversations surrounding Trump’s tariff plan, as the on-again ...

Smoot-Hawley happened decades before they were ... and car makers Henry Ford of Ford Motor and Alfred P. Sloan of General Motors. “We can’t expect to do all the selling and have the other ...

The measure helped worsen the Great Depression, experts said. President Donald Trump announced expansive tariffs during a Rose Garden ceremony on Wednesday, fulfilling his promise from the ...

He added there was "no reason" for markets to price in a recession. The Smoot-Hawley Act of 1930, maybe most familiar due to its inclusion in the 1986 film “Ferris Bueller’s Day Off,” was ...

Investopedia / Jake Shi The Smoot-Hawley Tariff Act of 1930 increased import tariffs by about 20%, kicking off a global trade war that contributed to the Great Depression's ill effects.

It may be time to dust off the history books about the 1930s. The current geopolitical situation is starting to look eerily ...

The tariffs and threat of a global trade war sent Wall Street spiraling, and some are saying it’s Smoot-Hawley all over again. But one economist says while Trump didn’t learn from the ...