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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 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.
19 U.S.C. ch. 4—Tariff Act of 1930; ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Tariff Act can refer to the following: ... (1930) Reciprocal Tariff Act (1934) ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
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. ...
Should Trump go ahead and declare a national economic emergency, he could then employ Section 338 of the Tariff Act of 1930, which empowers a president to impose “new or additional duties ...
Simply put, a tariff is a fancy name for a tax — just like property taxes or sales taxes. Instead of applying to real estate or goods and services, though, tariffs apply to U.S. imports.
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. The Mod Act was passed with aim of ...