TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History - eviltoast
realitista@lemm.ee to Today I Learned@lemmy.worldEnglish · 21 days ago

TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

en.wikipedia.org

215
1.38K

TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

en.wikipedia.org

realitista@lemm.ee to Today I Learned@lemmy.worldEnglish · 21 days ago
215
Smoot–Hawley Tariff Act - Wikipedia
en.wikipedia.org
  • x00z@lemmy.worldEnglish
    11·
    20 days ago

    Tarriffs can have some useful effects

    Europe has a some tariffs on Chinese EV brands. The reason is that they get subsidized by their government and can easily dump them on our markets, ruining our own industries. The tariff calculation is based on what we think those subsidies are and how to make it fair compared to our prices.