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Who adopted the Fordney-McCumber Tariff to protect business in from foreign competition?

united states


What was the name of the high tariff adopted in 1890?

The McKinley Tariff


What does protectionism put on foreign trade to protect local business?

The term is tariff- a charge on imported goods.


What is a tax placed on goods from another country to protect the home industry?

protective tariff


What is intended to protect domestic industry?

PROTECTIVE tariff


What tariff type is used to protect a domestic industry?

A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.


What is a protectice tariff?

a protective tariff is a tariff set by the government that is at least 25% tax, this is supposed to protect our county's economy by taxing all imports.


How did the Congress protect American industry after the war of 1812?

After the War of 1812, Congress enacted a tariff on goods being imported from other countries. The tariff raised the price on the products coming into the country. This made it easier for American companies to compete for the business of consumers.


A 50 percent tariff on sugar to keep domestic sugar producers in business?

Protective tariff... Apex :)


When was the Payne-Aldrich Tariff Act?

It was a tariff that Congress wanted to pass for high tariffs to protect American industries.


What is the protective tariff of 1816?

The protective Tariff of 1816 is also known as the Dallas Tariff. It is noteworthy because it marks the first time that congress passed a tariff to protect American manufacturers instead of just to raise money.


The McKinley Tariff resulted in?

The tariff raised the average duty on imports to almost fifty percent, an act designed to protect domestic industries from foreign competition. The McKinley Tariff was replaced with the Wilsonâ??Gorman Tariff Act in 1894, which promptly lowered tariff rates.