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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 ...
Democrats campaigned energetically against the high McKinley tariff of 1890, and scored sweeping gains that year; they restored Cleveland to the White House in 1892. The severe depression that started in 1893 ripped apart the Democratic party. Cleveland and the pro-business Bourbon Democrats insisted on a much lower tariff. His problem was that ...
The "McKinley Tariff of 1890" was even named after him. Now, Trump wants to return America to McKinley's era, with tariffs at the center of government policy and the US budget.
Trump has dubbed McKinley the “tariff king.” McKinley referred to himself as “a tariff man, standing on a tariff platform.” In 1890, six years before McKinley’s election as president ...
The Tariff Act of 1890 was known as the McKinley Tariff because McKinley was chairman of the House Ways and Means Committee when it was enacted. An openly protectionist measure, it raised duties ...
His 1890 McKinley Tariff was highly controversial and, together with a Democratic redistricting aimed at gerrymandering him out of office, led to his defeat in the Democratic landslide of 1890. He was elected governor of Ohio in 1891 and 1893, steering a moderate course between capital and labor interests.
The bill came into effect under William McKinley the first year that he was in office. The McKinley administration wanted slowly to bring back the protectionism that was proposed by the Tariff of 1890. Following the election of 1896, McKinley followed through with his promises for protectionism. Congress imposed duties on wool and hides which ...
The push to make Canada part of the U.S. reached a fever pitch following passage of the highly protectionist McKinley Tariff in 1890, which raised average tariff rates to around 50%.