From Smoot-Hawley to the WTO: A Century of Trade Policy Shifts

From Smoot-Hawley to the WTO: A Century of Trade Policy Shifts

The story of U.S. trade policy over the past century is one of dramatic transformation—from the steep isolationist tariffs of the early 20th century to the multilateral agreements that now define the global trade landscape. Following the revenue-focused tariffs of the 1800s and the introduction of income tax in 1913, America entered a new chapter […]