
photo of President Calvin Coolidge
the staff of the Ridgewood blog
Ridgewood NJ, Two of the most significant trade policies in U.S. history—the Tariff Act of 1922 (Fordney-McCumber Tariff) and the Tariff Act of 1930 (Smoot–Hawley Tariff)—produced very different economic outcomes. One is linked to postwar prosperity, the other to global economic collapse. What made the difference?