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June 17, 1930

Smoot-Hawley Tariff Act becomes law

The United States sharply raises tariffs, worsening international trade tensions during the downturn.

Canonical milestoneWashington, D.C., United States1 timeline

Context

Appears In

TimelineTimeline of the Great Depression

Position 3

Authority

Sources

Encyclopaedia BritannicaConfidence 97%

Taxonomy

Tags

financeunited-statestrade