"The sugar trust"
the sugar trust group
A tariff adds value to the Gross Domestic Product on imports.
Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.
M. S. McKinlay has written: 'Measuring the cost of protection under a tariff system' -- subject(s): Tariff
the effect it has on the good is that in 1828 the prices were lowered so that's why the effect is made.
David Hastings Mason has written: 'A short tariff history of the United States from the earliest to the present time' -- subject(s): Tariff, History 'How western farmers are benefited by protection' -- subject(s): Tariff, Agriculture
A tax on products being brought into a nation is normally called a tariff. Tariffs can be positive or have negative results. Taxation means that another party has to pay the tax. What this refers to is this. A nation's citizens pay for the tax when they buy a product that is priced high to absorb the tariff. Or, the producer of the taxed product simply decides to not export a good product because the tariff is a political weapon.
the tariff for print paper increased, so printing companies were angry. they criticized Taft in the newspapers, which made more people dislike him.
Northerners demanded tariffs be implemented as protection against cheaper foreign goods. A tariff is simply a tax on exports or imports.
Lindley Macnaghten Fraser has written: 'Propaganda' -- subject(s): Propaganda 'Protection and free trade' -- subject(s): Tariff, Free trade and protection
An example of a protective tariff is seen in the importation of oranges. Citrus fruit does not readily grow everywhere, and South American countries often produce massive quantities for export. If a country can produce oranges but can import them from South America cheaper than growing them domestically, a protective tariff might be applied. This tariff will inflate the price of the imported oranges so that they are equal to or higher than the price of domestic oranges. This helps domestic companies compete with international companies.
John Graham Haggart has written: 'Speech delivered in the House of Commons, May 7th, 1895, in reply to Sir Richard Cartwright' -- subject(s): Economic conditions, Finance, Public, Free trade and protection, Protection, Public Finance, Tariff 'Speech delivered in the House of Commons May 7th, 1895' -- subject(s): Economic conditions, Finance, Public, Free trade and protection, Protection, Public Finance, Tariff