at position 2 What was the intention of the Smoot-Hawley Tariff Act? What was the intention of the Smoot-Hawley Tariff Act? It was intended to lower income taxes on the majority of the American people by taxing corporations that exported goods. It was intended to raise government revenue that could then be returned to the economy in the form of government-funded work projects. It was intended to lower the price of imports, helping retailers stimulate their sector of the economy. It was intended to raise the price of imported goods and give American companies a chance to compete