Now a notorious example of a shortsighted trade strategy, the 1930 Smoot-Hawley Tariff Act, which raised U.S. tariffs on twenty thousand imported goods, was framed as a piece of domestic legislation. But when it affected producers in Canada, Cuba, Europe, and elsewhere, it set off an international trade war, underlining the connection between global trade and international relations.

Trade as Foreign Policy: The Smoot-Hawley Tariff
VIDEO 4:29
Download Transcript
Back to Top image/svg+xml