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President Trump says high tariffs may have prevented the Great Depression. What history tells usIn the early days of the Great ... Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and ...
In the early days of the Great Depression ... farmers and manufacturers from foreign competition: tariffs.President Herbert Hoover signed the Smoot-Hawley Tariff Act in 1930, even as many ...
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