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Pursuant to the "flexible" provision of the Fordney-McCumber Tariff, the Tariff Commission has made seven reports to President Coolidge. Five of these have recommended increases in the tariff and ...
When the Fordney-McCumber Tariff was enacted economists felt that it would largely cut off Europe’s opportunity to pay its debt to this country in goods. Imports into the United States during ...
CHARLES PAYNE: The truth about tariffs and the history lesson many critics are missing Tariffs from the Smoot-Hawley Tariffs Act are mistakenly considered a catalyst for the Great Depression.
High tariff policy also persisted, with Congress approving the Fordney-McCumber Act of 1922, which raised levies to their highest in U.S. history on many imported goods in an effort to further ...