Sentences with phrase «protectionist smoot»

The trade wars that followed the Republican passage of the protectionist Smoot - Hawley Tariff Act of 1930, which raised duties on hundreds of imports, similarly contain illustrative lessons for today.

Not exact matches

Navarro says Smoot - Hawley was a «protectionist» tariff and «an unfair trade practice.»

In this context, China will be compelled to initially respond through sanctions of its own and to also accelerate the negotiation of exclusionary trade agreements with third countries, in the same way that Canada struck a preferred deal with the U.K. in response to the protectionist U.S. Smoot - Hawley Tariff Act of 1930.