they would make more money for the goverments
Tariffs divided the country since the founding of the United States of America. Northern states had factories which wanted protection from foreign goods. Southern states had cotton and tobacco that they wanted to sell to Europe which paid them higher prices.
No, Democrats Wanted High Tariffs, while Republicans wanted High Tariffs
The issue of tariffs heightened tensions between the North and South primarily because the Northern economy was more industrialized and benefited from protective tariffs that shielded its manufacturers from foreign competition. In contrast, the Southern economy relied heavily on agriculture and imported goods, viewing tariffs as detrimental to their interests by raising prices on essential imports. This economic disparity fueled regional resentment and deepened the divide over issues of states' rights and federal authority, ultimately contributing to the growing conflict leading to the Civil War.
They hated tariffs. All they were making was cotton. Tariffs increased the cost of imports.
no
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
Tariffs are fees or taxes collected on imported goods. They serve as a source of revenue and also have the effect of raising the prices of such imported goods thus making similar internally produced goods more attractive . They also tend to decrease the overall volume of the imports to which the tariffs are applied and this may help with a balance of payments problem.
Raising money for the government. Encouraging the growth of American industry.
Protective tariffs
Yes they did.
true
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
a new law proposed to increase federal income taxes
Tariffs are fees placed on imported goods. This fee raises the price of such goods and makes domestic goods more competitive in regards to price. A high tariff accentuates the effect. The tariff also tends to reduce the quantity of imported goods and affects the balance of trade. Whether or not such tariffs are helpful to America depends on conditions. Tariffs do raise money for the government but foreign governments can impose tariffs too and American exports may decrease so the balance of trade may not improve. In the past, tariffs have helped parts of the country while hurting other parts.
Tariffs are usually a form of punishment towards anther country. When the Chinese joined the Nazis for example America put a tariff on oil.