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The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890. [1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as ...
This image might not be in the public domain outside of the United States; this especially applies in the countries and areas that do not apply the rule of the shorter term for US works, such as Canada, Mainland China (not Hong Kong or Macao), Germany, Mexico, and Switzerland.
President Grover Cleveland summoned an emergency session of Congress on August 7, 1893, for the repeal of the act to prevent the further depletion of the government's gold reserves. [8] In 1890, the price of silver dipped to $1.16 per ounce. By the end of the year, it had fallen to $0.69. By December 1894, the price had dropped to $0.60.
Coffee prices hit a new high Monday, the day after President Donald Trump threatened — and then reversed course on — a 25% tariff on Colombia during a spat about deportation flights from the US.
Rafael Núñez Moledo, the first president, was actually inaugurated in 1884 as the 14th and last president of the United States of Colombia for a two-year constitutional term; in this capacity he was appointed by the National Constituent Assembly of 1885 to serve a new six-year term while the assembly drafted, passed, signed, and implemented a ...
Before Colombia agreed to let deportation flights resume, Trump threatened a sweeping 25 percent tariff on Colombian goods until Petro resumes cooperation, with an increase to 50 percent in a week ...
The president was the head of the executive branch of both the central and local governments. The president could be granted extraordinary powers in military fronts, such as the area that became Ecuador. The vice-president assumed the presidency in case of the absence, death, demotion, or illness of the president.
(The Center Square) – After President Donald Trump threatened tariffs and other punitive measures, Columbia backed down and agreed to accept its citizens who illegally immigrated to the U.S ...