History, asked by thoi11, 10 months ago

state the characteristics of the smoot Hawley tariff act, 1930

Answers

Answered by ShivangiSingh777
3

Answer:

In June 1930, Smoot-Hawley raised already high U.S. tariffs on foreign agricultural imports. The purpose was to support U.S. farmers who had been ravaged by the Depression. Instead, it raised food prices. ... Smoot-Hawley showed how dangerous trade protectionism is for the global economy.

Answered by Anonymous
1

Explanation:

In June 1930, Smoot-Hawley raised already high U.S. tariffs on foreign agricultural imports

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