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 Amazon lays off 16,000 employees in major reduction of force January 28, 2026 Seattle's job market shrunk in 2025, marking first dip since Covid January 27, 2026 Tech layoffs drive Seattle-area unemployment above 5% January 21, 2026
