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U.S. President Herbert Hoover signs the Smoot–Hawley Tariff Act into law.
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Herbert Hoover
President of the United States from 1929 to 1933
Herbert Clark Hoover was the 31st president of the United States, serving from 1929 to 1933. A wealthy mining engineer before his presidency, Hoover led the wartime Commission for Relief in Belgium and was the director of the U.S. Food Administration, followed by post-war relief…Source: Wikipedia (CC BY-SA)
Smoot–Hawley Tariff Act
1930 U.S. law which raised import duties
The Tariff Act of 1930, also known as the Smoot–Hawley Tariff Act, was a protectionist trade measure signed into law in the United States by President Herbert Hoover on June 17, 1930. Named after its chief congressional sponsors, Senator Reed Smoot and Representative Willis C.…Source: Wikipedia (CC BY-SA)