Smoot–Hawley Tariff Act
E5516
The Smoot–Hawley Tariff Act was a 1930 U.S. law that sharply raised import duties, widely blamed for worsening international trade tensions and deepening the Great Depression.
All labels observed (5)
| Label | Occurrences |
|---|---|
| Tariff Act of 1930 | 11 |
| Smoot–Hawley Tariff Act canonical | 8 |
| Smoot–Hawley Tariff | 3 |
| Smoot–Hawley Tariff Act of 1930 | 2 |
| Title VII of the Tariff Act of 1930 | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
protectionist trade policy ⓘ tariff law ⓘ |
| alsoKnownAs |
Smoot–Hawley Tariff Act
ⓘ
surface form:
Tariff Act of 1930
|
| appliesTo | customs duties on imported goods into the United States ⓘ |
| associatedWith | Herbert Hoover administration ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| criticizedFor |
deepening the Great Depression
ⓘ
worsening international trade tensions ⓘ |
| effect |
contributed to contraction of world trade
ⓘ
increased average U.S. tariff rates to historically high levels ⓘ provoked retaliatory tariffs by other countries ⓘ raised U.S. tariffs on many imported goods ⓘ |
| enactedBy | United States Congress ⓘ |
| hasConsequence |
decline in U.S. exports due to retaliation
ⓘ
decline in U.S. imports ⓘ |
| historicalContext | Great Depression ⓘ |
| implementedDuring |
Herbert Hoover administration
ⓘ
surface form:
Herbert Hoover presidency
|
| influenced | subsequent U.S. trade policy debates ⓘ |
| introducedIn | United States Senate ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| language | English ⓘ |
| legalStatus | amended by later trade legislation ⓘ |
| legislativeChamber |
United States House of Representatives
ⓘ
United States Senate ⓘ |
| motivatedBy |
desire to protect American farmers
ⓘ
desire to protect American manufacturers ⓘ |
| namedAfter |
Reed Smoot
ⓘ
Willis C. Hawley ⓘ |
| opposedBy |
President Herbert Hoover’s economic advisers
ⓘ
business groups favoring free trade ⓘ many economists ⓘ |
| partOf | history of United States trade policy ⓘ |
| policyType | protectionism ⓘ |
| politicalSupportFrom |
Republican Party
ⓘ
surface form:
Republican Party (United States)
|
| regionAffected | global trade system ⓘ |
| replaced | Fordney–McCumber Tariff ⓘ |
| shortName |
Smoot–Hawley Tariff Act
self-linksurface differs
ⓘ
surface form:
Smoot–Hawley Tariff
|
| signedBy | Herbert Hoover ⓘ |
| signingDate | 1930-06-17 ⓘ |
| sponsor |
Reed Smoot
ⓘ
Willis C. Hawley ⓘ |
| subjectMatter |
customs tariffs
ⓘ
import duties ⓘ international trade ⓘ |
| timePeriod | interwar period ⓘ |
| usedAsExampleOf | dangers of protectionism in economic literature ⓘ |
| yearEnacted | 1930 ⓘ |
Referenced by (25)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Smoot–Hawley Tariff
this entity surface form:
Tariff Act of 1930
this entity surface form:
Smoot–Hawley Tariff
this entity surface form:
Tariff Act of 1930
this entity surface form:
Tariff Act of 1930
this entity surface form:
Smoot–Hawley Tariff Act of 1930
this entity surface form:
Smoot–Hawley Tariff Act of 1930
this entity surface form:
Smoot–Hawley Tariff
subject surface form:
United States International Trade Commission
this entity surface form:
Tariff Act of 1930
subject surface form:
United States International Trade Commission
this entity surface form:
Title VII of the Tariff Act of 1930
this entity surface form:
Tariff Act of 1930
this entity surface form:
Tariff Act of 1930
this entity surface form:
Tariff Act of 1930
this entity surface form:
Tariff Act of 1930
subject surface form:
Reed Smoot
this entity surface form:
Tariff Act of 1930
subject surface form:
Office of the General Counsel (USITC)
this entity surface form:
Tariff Act of 1930
this entity surface form:
Tariff Act of 1930