#OTD, 1930, in #POTUS #History, Herbert Hoover urged the House to pass the Smoot-Hawley bill to raise trade tariffs. The result was a 50% cut in both U.S. imports and exports.
@preshooverblows.bsky.social
https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act
@preshooverblows.bsky.social
https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act
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