Tariff critics have shared on social media a November 1988 video clip of President Ronald Reagan calling Smoot-Hawley "a ...

One expert is comparing the fallout from President Donald Trump’s tariffs to the aftermath of a trade policy that deepened the Great Depression.

For many years, tariffs were viewed favorably by Americans. But in the 1930s, one act of Congress changed people's minds.

The Tariff Act of 1890 raised taxes to 49.5% on 1,500-plus items. Championing the move was the “Napoleon of Protectionism,” William McKinley, an Ohio Republican congressman who would be elected ...

The last Republicans to try this were Sens. Reed Smoot of Utah and Willis Hawley of Oregon. Their 1930 Smoot-Hawley Tariff ...

Tariffs now rival those of the storied Smoot-Hawley Act that prompted massive retaliations and a global trade war in the 1930s, events that prolonged the Great Depression. Trump—always inscrutable—may ...

Reed Smoot of Utah and Republican Rep. Willis Hawley of Oregon. It passed the Senate by a narrow margin of 44 to 42, and sailed through the House of Representatives by a vote of 264 to 147.

Those dreading a return to the Smoot Hawley days think this time around could be even worse given the size and scale of Trump's new tariffs.

In 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 ...