The Tariff Act of 1930, known as the Smoot–Hawley Tariff, raised the average tariff on dutiable imports from approximately 40% to 47%, with price deflation during the Great Depression causing the effective rate to rise to nearly 60% by 1932.

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 (2)

• Great Depression event
• Smoot–Hawley Tariff Act event