The Fordney-McCumber Tariff of 1922 was a law in the United States that created a Tariff Commission to raise or lower rates by 50%. This was a post-World War I Republican defense against expected Europeans exports. Retaliatory tariffs sprang up.
In 1930, for example, the U.S. Congress passed the Hawley-Smoot Tariff Act.
The highest tariff ever passed in the nation's peacetime history was the Compromise Tariff(tariff of 1833) proposed by John C. Calhoun and Henry Clay to resolve the Nullification Crisis.
June 17, 1930 was when this tariff act was signed into law.
The high tariff meant that Southerners had to pay more for imports. Many people thought that the tariff was unconstitutional. Anger against the tariff increased in the South. Congress passed a new tariff in 1832 that lowered the rate slightly. South Carolina was not satisfied. It passed the Nullification Act, which declared the new tariff illegal. US President Andrew Jackson sent US troops to South Carolina to enforce Federal tariff laws.
The Fordney-McCumber Tariff of 1922 was a law in the United States that created a Tariff Commission to raise or lower rates by 50%. This was a post-World War I Republican defense against expected Europeans exports. Retaliatory tariffs sprang up.
In 1930, for example, the U.S. Congress passed the Hawley-Smoot Tariff Act.
Smoot-Hawley Tariff
morrill
lower tariff rates
Chester A. Arthur
The ordinance of nullification
The highest tariff ever passed in the nation's peacetime history was the Compromise Tariff(tariff of 1833) proposed by John C. Calhoun and Henry Clay to resolve the Nullification Crisis.
The nation's manufacturing industry was in jeopardy due to imported goods at very low prices. The Tariff of 1828 was one of many tariffs passed by Congress to impose tax on imported goods.
Sugar
Tariff of Abominations act.
McKinley Tariff