The Tariff of 1832 was a protectionist tariff in the United States. It was passed as a reduced tariff to remedy the conflict created by the tariff of 1828, but it was still deemed unsatisfactory by southerners and other groups hurt by high tariff rates. Southern opposition to this tariff and its predecessor, the Tariff of Abominations, caused the Nullification Crisis involving South Carolina. The tariff was later lowered down to 35 percent, a reduction of 10 percent, to pacify these objections. This was still not satisfactory, and the Tariff of 1833 resulted.
It was repealed by the Compromise Tariff of 1833.
|
||||||||
 |
This economic policy related article is a stub. You can help Wikipedia by expanding it. |
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
