The resulting tariff was sometimes called hawley-smoot but more often smoot-hawley. the smoot-hawley tariff established some of the highest rates in american history, raising, for example, average รขโ‚ฌยฆ Smoot-hawley tariff act, u. s. Legislation passed on june 17, 1930, that raised import duties to protect american businesses and farmers, adding considerable strain to the international climate of the great รขโ‚ฌยฆ

Also referred to as the united states tariff act of 1930, its purpose was to safeguard u. s. Businesses and รขโ‚ฌยฆ Named after its chief congressional sponsors, senator reed smoot and representative willis c. Hawley, the act raised tariffs on over 20,000 imported goods in an effort to shield american industries รขโ‚ฌยฆ The hawley-smoot tariff act of june 17, 1930, was the final act in a phase begun in the 1860s, during which, with occasional counter movements, duties on imports increased, particularly under รขโ‚ฌยฆ

The hawley-smoot tariff act of june 17, 1930, was the final act in a phase begun in the 1860s, during which, with occasional counter movements, duties on imports increased, particularly under รขโ‚ฌยฆ