ilmscore | Smoot-Hawley Tariff Act Impact Predictions
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The Smoot-Hawley Tariff Act is cited as having negative consequences, including retaliatory tariffs from other countries, decreased sales for US companies, diminished world trade, and is credited with worsening the Great Depression.
"But instead, the opposite happened. Instead of American products booming, other countries got upset ..."
Apr 4, 2025
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