1. raised import duties by as much as 50 percent, greatly adding to the downward spiral of the world economy in the 1930s. Conceived and passed by the House of Representatives in 1929 as a protective measure for domestic industries, including so-called aged industries, the Act contributed to the early loss of confidence on Wall Street and signaled American unwillingness to play the role of leader in the world economy. Combined with the drain of gold and foreign currency, it produced results that were catastrophic. Other countries retaliated with similarly high protective tariffs, and respected overseas banks began to collapse. Even today the Smoot-Hawley tariff is occasionally invoked as a symbol of the negative effects of protectionism.
tariff act 片语
片语
fordneymccumber tariff act福德尼麦坎伯关税法
tariff f act关税法
walker tariff act沃克关税法
payne aldrich tariff act佩恩奥尔德里奇关税法
Underwood Tariff Act安德伍德关税法
Tariff Act of年关税法
the tariff andtrade act年关税法
Emergency Tariff Act紧急关税法
tariff act 例句
英汉例句
section 771(18)of the tariff act of 1930, as amended, directs the department of commerce (doc) to consider 6 factors when making a non-market economy country determination.
美国1930年关税法案,经修订后,规定美国商务部按照六项标準判定一国是否可以获得市场经济地位。
in the smoot-hawley tariff act [of 1930] we raised our tariffs.
在1930年的史慕特郝雷关税法案,我们提高我们的关税。
mr irwin reckons that the tariff act raised duties by 20%;
厄文估计关税法案使得关税升高了20%;
the tariff act of 1930, which increased nearly 900 american import duties, was debated, passed and signed as the world was tumbling into the depression.