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  • 07-06-2022
  • History
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How did the Hawley-Smoot Tariff help spread the Depression overseas?

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20cshaheer
20cshaheer 20cshaheer
  • 07-06-2022

Answer:

The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the ill effects of the Great Depression.

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