Today in History revisits the Friday, October 14, 1932 edition of the Grand Forks Herald and highlights a story on the U.S. studying the effect of new Canadian tariffs. Experts like Dr. Julius Klein believed American ingenuity would overcome the duties. The story mentions how U.S. companies adapted to Australian and South American tariffs by shipping components instead of finished goods, suggesting a similar strategy would maintain U.S. access to Canadian markets.
Britain Expects Trade Boost of 70 Millions; Hits U. S. Goods
WASHINGTON. — (AP story as published by the Grand Forks Herald in 1932) The extent to which United States exports will be affected by the changes in Canadian tariffs was said Thursday, Oct. 13, 1932, by Dr. Julius Klein, assistant secretary of commerce, to be inde