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This Smooth-Hawley Tariff is going to mess us up. We are going to have to tax their goods as well.
Thank you so much for these manufactured goods USA!
Impact on US and Canada
Now, we can finally have good relations with the countries around us and secure them as our allies!
No problem, Canada! I know you need this for your resources.
HEY! Why did the US stop providing bank credit for the Standard Oil in Mexico and Bolivia?
Impact on Latin America
Key Events
Well Bolivia#160;Bolivia confiscated Standard Oil’s assets without compensation. You are lucky received the 1.5 million in 1940.
The US as a country needs to get on the good side of the countries around us during these times!
How did the US implement this foreign policy?
How will we ever do that?
First, the US won't use force to protect business interest so the countries will like us!
Yes! We can even lower tariffs and duties with these countries in exchange for trading rights! You're a genius!
I am sorry America but with the Great Depression and the tariffs, we must tariff your goods as well.
But trade dropped by 75 percent from 1929 until recently in 1933. How can we fix this for both of us?
How about an agreement? That may fix at least some things for both of us!
Yes! We can call it the Reciprocal Trade Agreement!
This is perfect. We will solve our trade conflict, help this country in regard to the Great Depression, and we can even have more global leadership

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