S.Res. 281 Introduced Foreign Trade and International Finance

A resolution commemorating the 95th anniversary of the enactment of the Tariff Act of 1930.

  1. Introduced
  2. Committee
  3. Agreed to in Senate
Sponsor Sen. Cantwell, Maria [D-WA] Introduced June 17, 2025 Cosponsors 3 (3 D) Latest action June 17, 2025

Summary

This resolution observes the 95th anniversary of the enactment of the Tariff Act of 1930 (also known as the Smoot-Hawley Tariff Act) and expresses the view that this act was a significant contributor to the Great Depression. (The act raised U.S. tariffs to their highest levels since 1828 and was the last tariff act in which Congress set rates.)

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Jun 17, 2025 Referred to the Committee on Finance. (text: CR S3437-3438)
  2. Jun 17, 2025 Introduced in Senate

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