Reposted by Juliann Andreen 🇺🇸🇪🇸
The Smoot-Hawley Tariff Act of 1930, which raised import tariffs in the US, was a trade war that contributed to the Great Depression. The act was intended to protect American farmers and businesses, but it led to a global reduction in trade and a worsening of the world economy.
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a man in a suit and tie is standing on a stage and says i 'm back
ALT: a man in a suit and tie is standing on a stage and says i 'm back