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The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, [1] was a law that implemented protectionist trade policies in the United States.
The United States Customs Modernization Act (Pub. L. 103–182, 107 Stat. 2057, December 8, 1993), amended title 19 U.S.C. 1508, 1509 and 1510, [1] formally Title VI of the North American Free Trade Agreement Implementation Act, commonly known as the "Mod Act", amended the Tariff Act of 1930 and related laws.
"Under §304 of the Tariff Act of 1930 as amended (19 U.S.C. § 1304), every imported item must be conspicuously and indelibly marked in English to indicate to the "ultimate purchaser" its country of origin."
But trade lawyers say the White House has some authority to act independently of Capitol Hill, ... the Trade Act of 1974 and the Tariff Act of 1930. ...
The Smoot–Hawley Tariff Act was signed by Hoover on June 17, 1930, while the Wall Street crash took place in the fall of 1929. Most of the trade contraction occurred between January 1930 and July 1932, before most protectionist measures were introduced, except for the limited measures applied by the United States in the summer of 1930.
Title 1 - General Provisions; Title 2 - The Congress; Title 3 - The President; Title 4 - Flag and Seal, Seat of Government, and the States; Title 5 - Government Organization and Employees
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The exporter doesn’t pay the tariff — the US company importing the ... “We’ve seen this story before — like with the Smoot-Hawley Tariff Act of 1930,” she said. “I don't think ...