A resolution commemorating the 95th anniversary of the enactment of the Tariff Act of 1930.

This is a commemorative Senate resolution marking the 95th anniversary of the Tariff Act of 1930, commonly known as the Smoot-Hawley Tariff Act. The resolution acknowledges the act’s enactment date (June 17, 1930) and characterizes it as a protectionist measure that raised U.S. tariffs with the aim of shielding farmers and manufacturers. It emphasizes that the act is viewed as a significant contributor to the Great Depression due to triggering retaliatory tariffs, shrinking international trade, and causing broad economic hardship. The resolution then shifts to a forward-looking stance, affirming the value of a rules-based, open trade system that lowers production costs, broadens U.S. access to foreign markets, and benefits consumers. It commits the Senate to pursuing trade and economic policies that promote growth and avoid repeating historical policy mistakes. The bill itself is a nonbinding commemorative resolution and does not enact new law.