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 Are prediction markets illicit gambling? Washington state says yes April 14, 2026 Unemployment in WA reaches highest rate since 2021 April 02, 2026 The K-shaped economy: Why diners are dying but yachts are booming April 02, 2026