Tariff Act of 1930 Enacted

The Tariff Act of 1930, also known as the Smoot–Hawley Tariff Act, was a protectionist trade measure signed into law in the United States by President Herbert Hoover on June 17, 1930.^¹ Named after its chief congressional sponsors, Senator Reed Smoot and Representative Willis C.^¹ Hawley, the act raised tariffs on over 20,000 imported goods in an effort to shield American industries from foreign competition during the onset of the Great Depression, which had started in October 1929.^¹