Trump avoids repeating Herbert Hoover’s Smoot-Hawley tariff mistake, which led to companies slashing dividend payouts.

Has anything like this ever been done before? Well, nothing quite as self-defeating, but the Smoot-Hawley tariffs were also imposed after a decade of heady growth. That story is worth recalling ...

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 ...

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 ...

U.S. stock market plunged minutes after the opening bell as global markets were rocked by President Donald Trump's new tariff announcement on Wednesday — 'Liberation Day.' Launching a historic ...

That turns out to be a five-foot, seven-inch freshman named Oliver Reed Smoot, Jr. Thus was born “the smoot.” The real-live Smoot, born in San Antonio 84 years ago and now living in ...

History may not perfectly repeat itself, but it often rhymes. Two protectionist episodes—the infamous Smoot-Hawley Tariff Act of 1930 and the Trump-era tariffs of today—offer a striking example.

History may not perfectly repeat itself, but it often rhymes. Two protectionist episodes — the infamous Smoot-Hawley Tariff Act of 1930 and the Trump-era tariffs of today — offer a striking ...

In the 75-second “Ferris Bueller” clip, students sit, zombified, as a teacher attempts to engage them in dialogue on the Smoot-Hawley Tariff, a topic whose very name sparked titters in cinema ...

The Tariff Act of 1930, also known as the Smoot-Hawley Tariff was enacted and signed during former President Herbert Hoover. It was aimed at protecting American businesses and farmers from foreign ...