Search results
Results from the WOW.Com Content Network
The intellectual leader of this movement was Alexander Hamilton, the first Secretary of the Treasury of the United States (1789–1795). [12] The United States rejected David Ricardo's theory of comparative advantage and protected its industry. The country pursued a protectionist policy from the beginning of the 19th century until the middle of ...
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 ...
The Second Great Awakening (sometimes known simply as "the Great Awakening") was a religious revival that occurred in the United States beginning in the late eighteenth century and lasting until the middle of the nineteenth century. While it occurred in all parts of the United States, it was especially strong in the Northeast and the Midwest. [15]
The Tariff Act of 1789 was the first major piece of legislation passed in the United States after the ratification of the United States Constitution. It had three purposes: to support government, to protect manufacturing industries developing in the nation, and to raise revenue for the federal debt.
The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, [1] was a law that implemented protectionist trade policies in the United States.
William McKinley was a largely forgotten American president until Donald Trump returned to the White House as his biggest fan, due to McKinley’s own love affair with tariffs.
Shortly after President Benjamin Harrison signed the tariff bill on Oct. 1, 1890, schedule L transformed the debate from one about industry and politics to one about culture and consumption.
As part of his economic nationalism, Trump has called for a 20% across-the-board tariff on all imports, a 60% duty on Chinese goods, and a punitive tax on U.S. companies that ship jobs overseas.