answersLogoWhite

0

The Hawley-Smoot Tariff, enacted in 1930, raised tariffs on numerous imports, prompting retaliatory measures from European countries that sought to protect their own economies. Many European nations responded by imposing their own tariffs, which exacerbated the global economic downturn during the Great Depression. This trade barrier escalation strained international relations and contributed to a decline in global trade, leading to widespread economic hardship. Ultimately, the tariff was met with significant criticism and is often viewed as a factor that worsened the economic crisis.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Continue Learning about General History
Related Questions

How might a country react to another country's protective tariff?

Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.


How did South Carolina react to Congress and lowering of the tariff in 1832?

they were happy


How did the aborigonals react to the first europeans?

They Died


How did European countries react to the Hawley- Smooth Tariff?

European countries reacted to the Hawley-Smoot Tariff, enacted in 1930, with significant discontent and retaliatory measures. They viewed the tariff as a protectionist move that exacerbated the global economic downturn during the Great Depression. Many nations imposed their own tariffs in response, leading to a decline in international trade and worsening economic conditions worldwide. This response ultimately contributed to increased tensions and strained diplomatic relations between the U.S. and European countries.


How might smooth muscles react slowly and tire slowly be an advantage for smooth muscles?

it makes it tight


Why would different sections of the country react differently to a tariff?

It helped the economies of some sections more than others.


How did US voters react to the Hawley-Smoot Tariff Act of 1930?

The legislative analysts determined the Hawley-Smoot Tariff Act was a large mistake.


How did Europeans outside of France react to Louis XVI execution?

Some were happy and some were furious


How did the people from the northeast the south and the west react to the tariff of 1816?

The Tariff of 1816 was met with mixed reactions across the United States. People in the Northeast generally supported the tariff as it protected their burgeoning industries from foreign competition. In contrast, those in the South opposed it, arguing that it raised prices on goods they needed and hurt their economy, which relied heavily on agriculture and trade. The West had a more divided stance, with some supporting the tariff for its potential to foster local manufacturing, while others were wary of its impact on their agricultural exports.


How did the progressives react to the Payne-Aldrich Tariff Act?

"This angered progressives who believed Taft had abandoned progressivism."(page 535) in the "The Americans" US History school book"by McDougal Littell


Do smooth muscles react quickly?

Generally not. The striated (skeletal muscles) usually act quickly. Smooth muscle is found in blood vessels and the gut and contract more slowly and tonically.


How did the people in the northeast the south and the west react to the tariff of 1816?

Most North Easterner's welcomed the protective tariffs with relief. However, people in the South and the West, whose livelihoods did not depends on manufacturing, were not as eager to tax European imports.