Tariffs have been a part of the American fabric since 1789. President Trump has placed tariffs at the center of todays debate ...

Together with tax historian Joe Thorndike, we're going to walk through a brief history of tariffs in the United States. Joe, to get started, tell us about that very first tariff law back in 1789.

Tariffs had made up some 90% of U.S. government revenue before the Civil War, but that figure decreased to around 50% with the advent of new taxes to fund the war effort, according to History.com.

From funding the federal government to triggering global trade wars, America's tariff history reveals profound economic ...

While tariffs are a tangible worry for investors, something far more nefarious (and important) can weigh on the stock market.

Since then, the U.S. has used tariffs to achieve three broad goals, said Douglas Irwin, an economics professor at Dartmouth College and past president of the Economic History Association.

The U.S. has used tariffs since its founding in the 18th century. They were primarily a way to raise revenue in the nation's early days. Later, tariffs were largely used to restrict imports or as ...

Over multiple decades, no asset class has delivered a higher average annual return to investors than stocks. But despite this ...

How Trump's proposed tariffs could impact your wallet 05:32. President-elect Donald Trump made claims about the history of U.S. tariff collection as he defended his plan to raise tariffs on goods ...

America’s history of high tariffs actually continued well after 1913, however, and Trump’s take on what sparked the Great Depression — and Hoover-era Washington’s response to it — don ...

That may lead some to wonder: How have tariffs been wielded throughout U.S. history, and is Trump's use of them unusual? Watch NBC 4 free wherever you are. WATCH HERE. The 'three Rs' of tariffs.