History of tariffs in the United States

id: history-of-tariffs-in-the-united-states-232-1577321
title: History of tariffs in the United States
text: Tariffs have historically served a key role in the trade policy of the United States. Their purpose was to generate revenue for the federal government and to allow for import substitution industrialization by acting as a protective barrier around infant industries. They also aimed to reduce the trade deficit and the pressure of foreign competition. Tariffs were one of the pillars of the American System that allowed the rapid development and industrialization of the United States. The United Stat
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/History_of_tariffs_in_the_United_States
date created: 2006-01-28T11:31:12Z
date modified: 2024-09-15T22:10:35Z
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