Planet Money Planet Money

Worst. Tariffs. Ever. (update)

2024-12-11 00:00:00 +0000 UTC ·26m 32s ·by NPR
Worst. Tariffs. Ever. (update)
Planet Money
0:00
--:--

About this episode

The Smoot Hawley Tariffs were a debacle that helped plunge America into the Great Depression. What can we learn from them? Today on the show, we tell the nearly 100-year-old story of Smoot and Hawley, that explains why Congress decided to delegate tariff power to the executive branch in the first pl