Joseph J. Thorndike examines how tariff policy in the 19th century slowed the introduction of the modern income tax.
President Trump has long celebrated William McKinley's tariff policies. Vintage photos show how they affected Americans.
Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
President Trump recently instituted new tariffs on two allies and one adversary: 25% on goods from Mexico and Canada and 10% ...
It is now proposed to reenact a highly protective tariff, both for revenue and protection. To the adoption at this crisis of such a measure, there are certainly very grave objections. No act of ...
Trade deals could be balanced with tariffs to offset economic injury caused by import surges, foreign subsidies and unfair competition. Access to these protective tariffs was available to any ...
Tariff disputes are causing volatility under the new administration, but investors should have two bigger worries right now.
The Tariff Act of 1930, popularly known as the Smoot-Hawley Tariff, levied protective tariffs on about 800 to 900 different types of goods, accounting for about 25% of all goods imported to the U ...
President Herbert Hoover, who had run for the office on a platform of helping farmers with protective tariffs, signed the law in June 1930, ignoring a petition signed by more than 1,000 economists ...