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Smoot-Hawley

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Oct 15, 2025 by Andrew Ross Sorkin · across every show →

Everything said about Smoot-Hawley, oldest first

Oct 15, 2025 negative
Assertion Partly supported
The 1930 Smoot-Hawley Tariff Act Caused Global Trade To Drop 60%
“Smoot-Hawley, which was this tariffs, 1930, tariffs happened. Global trade drops by 60% as a result of that.”
Andrew Ross Sorkin Oct 15, 2025 ▶ 10:08 Andrew Ross Sorkin on Why 1929 is Happening Again
Oct 15, 2025 neutral
Assertion Supported
A 1934 Law Gave US Presidents Authority For Bilateral Trade Deals
“One of the ways they tried to fix what happened after Smoot-Hawley was in 1934. They gave the president of the United States the authority, which is what president Trump is using today to make these sort of bilateral deals.”
Andrew Ross Sorkin Oct 15, 2025 ▶ 15:36 Andrew Ross Sorkin on Why 1929 is Happening Again
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