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Why is the tariff law passed?

Updated: 12/7/2022
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What was the Fordney-McCumber Tariff?

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.


What tariff legislation was passed by the US Congress in 1930?

In 1930, for example, the U.S. Congress passed the Hawley-Smoot Tariff Act.


What tariff passed in 1930 destroyed all foreign trade?

Smoot-Hawley Tariff


What tariff was passed in may of 1860?

morrill


When congress passed the Underwood tariff bill in 1913 it intend the legislation to?

lower tariff rates


Who was president when the mongrel tariff was passed?

Chester A. Arthur


What was an act passed by a South Carolina convention that declared that the tariff law of the US would be null and void in South Carolina?

The ordinance of nullification


What was the highest ever passed in the nation's peacetime history?

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.


What did the southerners call the tariff of 1828?

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.


When a tariff was passed in 1890 what did the Hawaiian economy have to depend on?

Sugar


What act was passed by congress in 1828?

Tariff of Abominations act.


What was the high import tax passed in 1890?

McKinley Tariff