Look what the final bill will look like when passed is up to Congress. It will be passed back and forth between the House and Senate with provision and alterations. Right now it is up with the Senate.
But both of your replies indicate that you are 1) Completely unaware of what the Smoot-Hawley Act was and the effects it had and 2) didn't even bother to read the article.
And here's a simplistic definition of the Smoot-Hawley Tariff Act from Wikipedia:
You can read more about this act on your own time.
As for the article here's the first paragraph.
Here's the seed of Hooverian protectionism.
Now for the rest of article:
Now if we get the proposed Senate provision, that is a good indication that Congress is in full protectionism mode which could not come at a worse time. It's one thing to want a chunk of the steel and iron to be domestic as in the House version. It is quite another to be anti-competitive as in the proposed Senate plan.
This is the kind of anti-competive spirit that was ushered in by Hoover and thrived under Roosevelt.
And considering that most all of Obama's appointments are Keynesian and schooled under Rubin, they would most likely enhance the multiplier effects by raising import tariffs (they did it overtime in the Clinton years). Only, then we would be in full Smoot-Hawley territory.