WASHINGTON, July 6 (TNSLrpt) -- The Inter-American Development Bank issued the following white paperin June 2026 entitled "The Price of Protection: Tariff Incidence and Import Collapse under the Infamous Smoot-Hawley Tariff."

Here are excerpts:

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The Tariff Act of 1930 represents the largest and most comprehensive American tariff increase in the last 100 years of American trade policy. In the two years after its passage, the ad valorem equival . . .

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