News & Stories Economy With Trump proposing new tariffs, we look at a cautionary tale from U.S. history Kenny Malone December 20, 2024 / 1:09 am With broad new tariffs promised, we look back at the most infamous case of broad tariffs in U.S. history — the Smoot-Hawley Tariff Act. It did not end well. Why you can trust KUOW Recommended Stories Inland Northwest farmers face rising fertilizer, diesel costs from Iran war March 31, 2026 Could light rail across Lake Washington make Seattle the next Copenhagen? March 25, 2026 Starbucks union pushes back against plans to close 5 Seattle stores March 10, 2026
