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Similar language had been used in the Fordney-McCumber tariff act of 1922. This particular section was effectively repealed and superseded by section 252 of the Trade Expansion Act of 1962.
However, such an analysis is incomplete without considering the tariff increases made even earlier in 1922. Back in 1922, the US experienced a spike in effective tariff rates because of the ...
"Every tariff act in that time had to be passed by Congress," Baier said of the Smoot-Hawley and McKinley tariffs, as well as Fordney McCumber Tariff of 1922 with an average tariff rate of 38.8 ...
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 ...
The Democrats, who are eager for a revision of the Fordney-McCumber Tariff, were naturally in favor of the more liberal interpretation. It was agreed that Mr. Harding should decide. The Decision.
The Fordney-McCumber Tariff Act (1922) — This act raised tariffs on imported goods, aiming to protect American industries and agriculture from foreign competition.
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