The Hawley-Smoot Tariff raised import duties so American jobs could be protected in farming and business, including imports. The tariff raised by 20% , which caused foreign countries to make their own tariffs against the U.S. and raising their own tariffs.
http://www.britannica.com/EBchecked/topic/550096/Smoot-Hawley-Tariff-Act
The tariff choked off a huge percentage of international trade and thus made generating wealth all but impossible. The Depression thus went from beginning a recovery to plummetting to greater severity.
The Tariff Act of 1930 raised tariff fees on imported goods to a historical high. Meant to help US business at a fragile time, it actually worsened the situation by reducing US imports and exports to nearly half. This overall this contributed to a longer and deeper depression.
What issue was at the center of the debate about the tariff law of 1828?
The Smoot-Hawley Tariff act
Woody Guthrie lived through the Great Depression and wrote songs about it.
The Smoot-Hawley Tariff Act of 1930 is said to have been the root cause of the Great Depression. The original intentions for passing such an act was to raise money through tariffs on international trade to compensate for anguished American farmers blight. When the rest of America heard about this, the tariff was then intended to compensate for all poor workers in America. In result, other foreign countries then raised their tariffs which set the United States on the fast track to bankruptcy.
The Tariff Act of 1930 raised tariff fees on imported goods to a historical high. Meant to help US business at a fragile time, it actually worsened the situation by reducing US imports and exports to nearly half. This overall this contributed to a longer and deeper depression.
It happenes during the Great Depression.
What issue was at the center of the debate about the tariff law of 1828?
The Smoot-Hawley Tariff act
Woody Guthrie lived through the Great Depression and wrote songs about it.
Hawley-Smoot
The great depression of the 1930's influenced the power and alliances of the nations involved in WW2.
the great depression appeared to disprove the classical theory that demand and supply could return to a healthy equilibrium through market forces alone
Mario J. Crucini has written: 'Tariffs and the Great Depression revisited' -- subject(s): Depressions, Tariff
The Fordney-McCumber Tariff was where they raised the cost of foreign farm products so Americans would be more likely to buy farm products from farmers in the U.S who were suffering after the great depression.
Was enacted in 1930. This treaty raised tariffs on many imported goods. Many American trading partners retaliated in response to this tariff. It might have even worsened the Great Depression. It reduced international trade.
They both occurred approximately the same time during the 1930's.