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Following the signing of the Smoot-Hawley Tariff Act into law on June 15, 1930, the Dow Jones Industrial Average declined by 5.8% the following day, marking the largest single-day decline that year.
Authors
Sources
- The Evolution of Tariffs: The United States' Historical Implementation ... thefinplangroup.com via serper
Referenced by nodes (2)
- Smoot-Hawley Tariff Act of 1930 concept
- Smoot–Hawley Tariff Act event