On the presidential campaign trail last fall, Donald Trump described tariff as the "most beautiful word in the dictionary" ...

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...

For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.

How did the Smoot-Hawley Act come to be? Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was just another example of the ...

In this spirit, Hoover gave little input to formulation and passage of the Smoot-Hawley Tariff, enacted in 1930. As a part of this legislation, Congress withdrew most presidential flexibility to ...

Many economists argue that they are harmful for the economy and consumers. For instance, the Smoot-Hawley Tariff could be perceived as worsening the Great Depression in the 1930s. In an attempt to ...

Yet that June, Congress passed it and the president signed it into law. The Smoot-Hawley Tariff helped turn a stock market rout and a building financial crisis into a worldwide depression and ...

Perhaps most infamously, Congress raised close to nine hundred separate tariffs with the 1930 Smoot-Hawley Tariff Act, which many economists say worsened the Great Depression. But over the past ...