Answer:
The Hawley-Smoot tariff of 1930 was established with the idea of raising tariffs over imported goods.
Explanation:
The Hawley-Smoot tariff was a law established by protectionists in the United States. The law was signed on June 17, 1930, by President Herbert Hoover. The law affected more than 20000 imported goods.
These tariffs were the second-highest in 100 years in this country. This law and the fact that trading partners of the United States also decided to raise tariffs as an act of revenge provoked the decreasing of exports as well as imports in the United States during a significant period in the Depression. Many economists considered that the Hawley-Smoot tariff had a bad effect on the Great Depression.
