Unverified50% confidenceFactExact time
The U.S. Smoot-Hawley Tariff Act of 1930 substantially raised tariffs on more than 20,000 categories of imported goods, pushing the average tariff rate to approximately 45%, prompting immediate retaliation from European trading partners, and global trade volumes shrank by approximately 66% between 1929 and 1932.
1
Sources
50%
Confidence
Long-term
Relevance
9/21/2026
First Seen
Sources
Related Entities
Related Claims
UnverifiedIndia levies a 20% basic customs duty on fully assembled imports, while component tariffs are typically below 5% to 15%.59% similarUnverifiedThe effective tariff rate on Chinese goods to the United States was at one point around 20%, compared to 6.1% for Vietnam, 4.5% for Thailand, and 13.4% for Indonesia.57% similarUnverifiedAfter the Durbin Amendment capped interchange fees, the reduction exceeded 50% compared to the prior industry average of approximately 44 cents.53% similar
Cite This Claim
Stable URI
https://kongchang.com/claim/938250API
curl https://kongchang.com/api/v1/knowledge/claims/938250MCP
get_claim(id=938250)