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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 ...
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What is Trump really trying to achieve with his tariff plan, and will it work? - MSNLikewise the Fordney McCumber Tariff Act brought into effect in 1922 hiked tariffs from 21% to 38.8%. By comparison the 10% Trump has placed on the United Kingdom, for example, or the 20% placed ...
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 ...
That would be the now-forgotten Fordney-McCumber tariff of 1922, which was followed not by depression but by the Roaring Twenties. Smoot-Hawley itself did not cause the Great Depression, the Fed did.
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.
The Fordney-McCumber Tariff (1922): Post-WWI Protectionism Everett Collection / Shutterstock.com After WWI, the United States tried to protect internal manufacturers with this tariff act.
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.
Thanks for James Grant's review of Douglas A. Irwin's "Peddling Protectionism" (Bookshelf, March 16). I was particularly intrigued by the references to the Fordney-McCumber tariff of 1922, which ...
Likewise the Fordney McCumber Tariff Act brought into effect in 1922 hiked tariffs from 21% to 38.8%. By comparison the 10% Trump has placed on the United Kingdom, for example, or the 20% placed ...
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