The Smoot-Hawley trade war
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the Unit...
Main Authors: | , , |
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2021
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