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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 ...
[6] [10] The 1890 McKinley Tariff Act, an effort by the United States government to decrease the competitive pricing of Hawaiian sugar, paid 2 cents per pound to mainland producers. After significant lobbying efforts, this act was repealed in 1894. [8] By 1890, 75% of all Hawaiʻi privately held land was owned by foreign businessmen.
When the special session of Congress convened in March 1897, Dingley introduced the Dingley Act to revise the Wilson–Gorman Tariff Act of 1894. [47] McKinley supported the bill, which increased tariffs on wool, sugar, and luxury goods, but the proposed new rates alarmed the French, who exported many luxury items to the United States. [48]
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 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%.
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. ... noted that "very few of us taste the tariff in ...
[4] [5] [6] [9] Also in that year, the McKinley Tariff (also known as the 1890 Dingley Tariff or the Sugar Bounty Act) gave a sugar bounty, replacing a tariff, which "unwittingly" gave a substantial economic boost to sugar beet refining.
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 ...