Which statement on u. s. tariff policy in the 1930s is the most accurate? the reciprocal trade agreements act tariff rates were higher than the hawley-smoot ones. the hawley-smoot tariff was the least protectionist tariff of the 20th century. the reciprocal trade agreements act reversed the trend towards higher tariffs. the reciprocal trade agreements act reflected the desire of the united states to pursue a nationalistic economic policy.