Modern Era · North America · Politics
1930
Smoot-Hawley Tariff signed
June 17, 1930
Herbert Hoover signed a protectionist tariff bill that raised duties on thousands of imported goods. Other countries retaliated. World trade collapsed by two-thirds over the next three years, deepening the Great Depression. Economists had warned him; Hoover signed anyway. The law became a textbook lesson in how to make a slump worse.
In context
Also in 1930 (5 other events on record)
- Gandhi's Salt March · South Asia · Politics
- Ras Tafari crowned Haile Selassie · Africa · Politics
- Pluto discovered from Arizona · North America · Science
- Grant Wood paints American Gothic · North America · Culture
- Daylight saving time becomes federal · North America · Politics
Before and after in North America
Before and after in Politics
Era
Modern Era (1901–2000), one of 590 events from that era on Saeculum.