Herbert Hoover, 'stubbornly adhering to his own views', signed the "Smoot-Hawley Tariff Act" almost in opposition to all American economists!
As those economists said, "Other countries are not wooden; they will surely retaliate against us."
The "Smoot-Hawley Tariff Act" nearly covered all exports to the United States from other countries, so every country began to retaliate.
They all started to come up with corresponding tariff acts.
Those who supported Herbert Hoover's signing of this bill were stunned by the scene before them before they even had a chance to cheer.
"Why would these countries dare to treat the great United States like this?"
Many people couldn't understand, "We raised tariffs because our United States is powerful, and yet you dare to raise tariffs on our goods?"
Whether or not these people understood, all the countries of the world started a trade war because of the United States' "Smoot-Hawley Tariff Act".
