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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 ...
Print/export Download as PDF; ... This is a list of United States tariff laws. 1789: Tariff of 1789 (Hamilton Tariff) 1790 ... 1890: McKinley Tariff; 1894: Wilson ...
Tariff Act can refer to the following: United States. Hamilton tariff (1789) Morrill Tariff (1861) Tariff of 1883; McKinley Tariff (1890) Wilson–Gorman Tariff Act (1894) Dingley Act (1897) Payne–Aldrich Tariff Act (1909) Revenue Act of 1913; Fordney–McCumber Tariff (1922) Smoot–Hawley Tariff Act (1930) Reciprocal Tariff Act (1934) Trade ...
The Tariff of 1842 returned the tariff to the level of 1832, with duties averaging between 23% and 35%. The Walker Tariff of 1846 essentially focused on revenue and reversed the trend of substituting specific for ad valorem duties. The Tariff of 1857 reduced the tariff to a general level of 20%, the lowest rate since 1830, and expanded the free ...
One provision of the Payne Aldrich law provided for the creation of a tariff board to study the problem of tariff modification in full and to collect information on the subject for the use of Congress and the President in future tariff considerations. Another provision allowed for free trade with the Philippines, then under American control.
The Morrill Tariff of 1861 was a protective tariff law adopted on March 2, 1861. Passed after anti-tariff southerners had left Congress during the process of secession, Morrill designed it with the advice of Pennsylvania economist Henry C. Carey. [13] It was one of the last acts signed into law by James Buchanan, and replaced the Tariff of 1857 ...
The 1890 United States elections occurred in the middle of Republican President Benjamin Harrison's term. Members of the 52nd United States Congress were chosen in this election. The Republicans suffered major losses due to the Panic of 1890 and the unpopularity of the McKinley Tariff. The Populist Party also emerged as an important third party.
The Revenue Act or Wilson-Gorman Tariff of 1894 (ch. 349, §73, 28 Stat. 570, August 27, 1894) slightly reduced the United States tariff rates from the numbers set in the 1890 McKinley tariff and imposed a 2% tax on income over $4,000. [1]