hawley-smoot tariff act

Encyclopedia

hawley-smoot tariff act

U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression. The act takes its name from its chief sponsors, Senator Reed Smoot of Utah, chairman of the Senate Finance Committee, and Representative Willis Hawley of Oregon, chairman of the House Ways and Means Committee. It was the last legislation under which the U.S. Congress set actual tariff rates.

Learn more about Hawley-Smoot Tariff Act with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
Cite This Source
Explore Dictionary.com
Previous Definition: hawkyns, sir
Next Definition: hawm
More from Thesaurus.com
Synonyms and Antonyms for Hawley-Smoot Tariff Act
More from Reference.com
Search for articles containing Hawley-Smoot Tariff Act
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature