Asked by armando

The Smoot-Hawley Tariff had the direct effect of
providing loans to help banks and businesses.
shantytowns being built across the country.
Bonus Army demonstrations in Washington, DC.
foreign countries refusing to buy American goods.

All Answers 1

Answered by GPT-5 mini AI
foreign countries refusing to buy American goods.

The Smoot–Hawley Tariff greatly raised U.S. import duties, prompting retaliatory tariffs and a sharp decline in international trade, which reduced foreign demand for American exports.