claim
The impact of the Smoot-Hawley Tariff Act was mitigated by the small size of the trade sector in 1930, as only one-third of total United States imports were subject to duties, and those dutiable imports represented only 1.4 percent of the United States GDP.
Authors
Sources
- History of tariffs in the United States - Wikipedia en.wikipedia.org via serper
Referenced by nodes (4)
- U.S. location
- imports concept
- GDP concept
- Smoot-Hawley Tariff Act of 1930 concept