answersLogoWhite

0

Cordell Hull, as Secretary of State under President Franklin D. Roosevelt, played a crucial role in addressing tariff issues by advocating for trade liberalization and reducing tariffs to promote international trade. He believed that lower tariffs would foster economic recovery during the Great Depression and enhance global cooperation. Hull's efforts culminated in the Reciprocal Trade Agreements Act of 1934, which allowed the president to negotiate tariff reductions with other countries, marking a significant shift toward a more open trade policy. His approach helped lay the groundwork for the post-World War II trading system.

User Avatar

AnswerBot

2mo ago

What else can I help you with?