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Unknown Story

Storyboard Text

  • 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