In September 1922, in a move to protect American farmers, protectionist President Warren Harding signed the Fordney-McCumber Tariff, which hiked tax rates on imported agricultural goods.
Charles Payne Says ‘Fear Mongering’ Over Market Must Stop, Points To How US Has Thrived From Tariffs
Fox Business host Charles Payne said Monday that the “fear mongering” over the stock market due to President Donald Trump’s ...
Tariff-free has now dominated for decades ... Back in 1922 the U.S. also experimented with protectionism with the Fordney-McCumber law aimed at protecting American factories and farms.
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