Economist Douglas Irwin states that in the two years following the imposition of the Smoot-Hawley tariff in June 1930, the volume of United States imports fell by over 40%, and he attributes part of this collapse directly to the tariff rather than other factors like falling incomes or foreign retaliation.

Authors

• Person: Not available Organization: Wikipedia
  History of tariffs in the United States - Wikipedia

Sources

• History of tariffs in the United States - Wikipedia en.wikipedia.org Wikipedia via serper

Referenced by nodes (4)

• U.S. location
• imports concept
• Douglas A. Irwin entity
• Smoot–Hawley Tariff Act event