The Hawley-Smoot Tariff Act of 1930 Question 30 options: a) lowered U.S. tariff rates to provide markets for European goods. b) raised tariff rates and contributed positively to economic recovery worldwide. c) encouraged European nations to lower their tariff rates to enable U.S. companies to sell their goods abroad. d) did not pass. e) raised U.S. tariff rates, causing European nations to raise their rates and thus weaken international trade