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The Molasses Act 1733 (6 Geo. 2. c. 13), also known as the Trade of Sugar Colonies Act 1732, was an act of the Parliament of Great Britain that imposed a tax of six pence per gallon on imports of molasses from non-British colonies. Parliament created the act largely at the insistence of large plantation owners in the British West Indies.
The Molasses Act 1733 imposed a fee of six pence per gallon on foreign molasses. [5] This act was meant to force the colonies into buying molasses from the British or stop producing rum in North America. Many, however, say that the Molasses Act was put in place to destroy New England’s rum industry.
The Molasses Act was the first of the Sugar Acts. The Act was set to expire in 1763, but in 1764 it was renewed as the Sugar Act, ...
Opinion - Congress has the power to block Trump from taking office, but lawmakers must act now Evan A. Davis and David M. Schulte, opinion contributors December 26, 2024 at 5:00 AM
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(Reuters) -ABC News has agreed to give $15 million to U.S. President-elect Donald Trump’s presidential library to settle a lawsuit over comments that anchor George Stephanopoulos made on air ...
Donald Trump, a Republican originally from New York, who during his first presidency moved his principal residency to Florida, was elected president of the United States in 2016. He was inaugurated on January 20, 2017, as the nation's 45th president, and his presidency ended on January 20, 2021, with the inauguration of Joe Biden .
Donald Trump won the election three weeks ago, but his campaign has not signed the paperwork to formally begin the transition of power from President Joe Biden’s administration, according to the ...