Myths of the Smoot-Hawley Tariff The Fifth Chapter of How Americans Can Buy American - 2nd Editionby Roger Simmermaker To be able to accurately explain the affects of the Smoot-Hawley Tariff of 1930, it is necessary first to rid ourselves of popular myths so that we can start with a clean slate and derive conclusions from fact rather than fantasy. I will list some common myths here, and then disprove them using facts according to history. The myths that prevail, even today, some 72 years after the tariff bill was signed by President Herbert Hoover, are as follows: 1. The...