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Hoover was eager wanted to protect -some American companies from the economic distress, the government created a new tariff (The Smoot-Hawley T arm), This tarjff chaJged higher taxes to import products. This tariff made the economic situation even more dramatic because resulted in less trade between United States and other countries in Europe leading to a global economic collapse. The Hawley~Smoot Tariff act made Europe fall into a deeper economic depression] and resulted in European countries deva'luating their own currencIes in order to sell their products,

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Q: How did America's financial relationships with Europe contribute to the Depression?
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