In 1930, the #SmootHawleyTariff raised U.S. tariffs on 20,000+ imports, aiming to protect jobs, but it backfired, deepening the #GreatDepression by stifling global trade. In 1934, #FDR reversed course with the #ReciprocalTradeAgreementsAct, promoting lower tariffs & international cooperation. 🌍
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