The intention of Hawley-Smoot Tariff Act was that regulate the commerce with the commerce countries and provide the revenue.
What was the Hawley-Smoot Tariff Act?
The Tariff Act was enacted from 1930. This was also frequently known as the Smoot–Hawley Tariff. This act was a law that passed in the United States and enacted proponent trade policies.
The primary goal of creating this cat was to generate cash, to normalize trade with foreign countries, to stimulate American companies, to protect American labor, and for other reasons.
Therefore, this act was passed to prevent to regulate the trade from the outsiders countries.
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