A tariff on sugar primarily benefits domestic sugar producers by protecting them from foreign competition, allowing them to maintain higher prices and potentially increase their profits. Additionally, it can provide government revenue from tariff collections. However, consumers may face higher prices for sugar and sugar-containing products, which can lead to reduced consumer welfare. Overall, while domestic producers gain, the broader economic impact tends to be mixed.
passing a tariff on sugar
The McKinley Tariff, passed in 1890, highlighted Hawaii's economic dependence on the United States by removing the duty-free status of Hawaiian sugar. This legislation led to a significant decline in sugar exports from Hawaii, which had relied heavily on American markets. As a result, the economic pressure contributed to the push for annexation to the U.S. to restore favorable trade conditions for Hawaiian sugar producers.
the imposition of a new u.s. tariff on Hawaiian sugar
the imposition of a new U.S tariff on Hawaiian sugar.
protective tariff
Protective tariff... Apex :)
The Wilson Gorman Tariff.
A tax charged by the Federal Government on imported sugar.
One correct fact about the sugar tariff is that the U.S. government can sell excess sugar to ethanol producers at a significant loss. This is part of a program to protect the sugar market.
Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country
The planned to have Hawaii annexed to the United States to get around the import tariff on foreign sugar.
Sugar
J. Russell has written: 'The sugar duties' -- subject(s): Sugar trade, Tariff on sugar
passing a tariff on sugar
"The sugar trust"
Tariff
Frank Clifford Lowry has written: 'Our high tariff on sugar from the consumers' standpoint' -- subject(s): Beet sugar industry, Sugar trade, Tariff 'The man in the streets looks at the peace' -- subject(s): International law, Peace