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  • 13-01-2020
  • History
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What was the hawley-smoot tariff act designed to do?

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henrydesanta
henrydesanta henrydesanta
  • 14-01-2020

Answer:

hawley-smoot tariff act introduced new tariffs for 900 import items from foreign countries and increased the already high import tariff level from 40% to 48%.

This increase was felt badly  by the manufacturing and the commerce sector in both USA and Europe and worsened the Great Depression too.

It was also a reason behind the Europe's struggling economies and the beginning of the 2nd world war.

Explanation:

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