1113: The Smoot-Hawley Tariff Act

June 17, 1930. The Smoot-Hawley Tariff Act takes effect in the US, raising most tariffs by 20% and damaging the world’s already suffering economy. Support the show! Join Into History for ad-free listening and more. History Daily is a co-production of Airship and Noiser. Go to HistoryDaily.com for more history, daily.