The __________ Tariff Act was a disaster because when European nations responded with tariffs on American goods global trade plunged by roughly two thirds from 1929 levels.

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22-03-2015
History

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The __________ Tariff Act was a disaster because when European nations responded with tariffs on American goods global trade plunged by roughly two thirds from 1929 levels.

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HistoryGuy HistoryGuy · Answer 1 · 2015-04-03T13:51:17-04:00

HistoryGuy HistoryGuy

03-04-2015

It was the "Smoot–Hawley Tariff Act" that was a disaster because when European nations responded with tariffs on American goods global trade plunged by roughly two thirds from 1929 levels. This was viewed as exacerbating the Great Depression.

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