The Smoot-Hawley tariff of 1930 had the effect of

Question

Quizplus · Accepted Answer

The Smoot-Hawley tariff of 1930 increased tariffs on thousands of imported goods, causing other countries to retaliate with their own tariffs, resulting in a trade war. This made the Great Depression worse by reducing international trade and harming the global economy. It did not stimulate U.S. production or promote free trade, nor did it cause other countries to lower their tariffs on U.S.-made goods.

The Smoot-Hawley Tariff of 1930 Had the Effect of