lowering of tariff rates

  • 1Tariff — For other uses, see Tariff (disambiguation). Taxation An aspect of fiscal policy …

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  • 2Tariff of 1857 — The Tariff of 1857 was a major tax reduction in the United States, creating a mid century lowpoint for tariffs. It amended the Walker Tariff of 1846 by lowering rates to around 17% on average.The Tariff of 1857 was authored primarily by Robert… …

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  • 3Tariff War — An economic battle between two countries in which Country A raises tax rates on Country B s exports, and Country B then raises taxes on Country A s exports in retaliation. The increased tax rate is designed to hurt the other country economically …

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  • 4William Howard Taft: Defense of a High Tariff — ▪ Primary Source              Taft and the Republicans promised a lowering of tariffs during the 1908 campaign. When Taft took office he called a special session of Congress for this purpose. The House reported a bill that did lower most duties,… …

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  • 5Wilson-Gorman Tariff Act — The Revenue Act or Wilson Gorman Tariff of 1894 (ch. 349, §73, USStat|28|570, August 27, 1894) slightly reduced the United States tariff rates from the numbers set in the 1890 McKinley tariff and imposed a 2% income tax. It is named for William L …

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  • 6Tariffs in American history — have played different roles in trade policy and the economic history of the United States. Tariffs were the largest source of federal revenue from the 1790s to the eve of World War I, until it was surpassed by income taxes. Since the revenue from …

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  • 7imperial preference — noun : the preferential lowering of tariff rates accorded in the British Commonwealth to its members * * * imperial preference noun (historical) The favouring of trade within the British Empire by discriminating tariffs • • • Main Entry:… …

    Useful english dictionary

  • 8United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …

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  • 9William Howard Taft — For other people named William Howard Taft, see William Howard Taft (disambiguation). William Howard Taft 27th President of the United States In office March 4, 1909&#16 …

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  • 10international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …

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