raising of tariff rates
1Tariff — For other uses, see Tariff (disambiguation). Taxation An aspect of fiscal policy …
2tariff — tariffless, adj. /tar if/, n. 1. an official list or table showing the duties or customs imposed by a government on imports or exports. 2. the schedule or system of duties so imposed. 3. any duty or rate of duty in such a list or schedule. 4. any …
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 …
4Morrill Tariff — The Morrill Tariff of 1861 was a protective tariff in the United States, adopted on March 2, 1861 during the administration of President James Buchanan. Named for its sponsor, Representative Justin Smith Morrill of Vermont, who drafted it with… …
5Smoot-Hawley Tariff Act — (1930) U.S. legislation that raised import duties by as much as 50%, adding considerable strain to the worldwide economic climate of the Great Depression. Despite a petition from 1,000 economists urging Pres. Herbert Hoover to veto the act, it… …
6Dallas tariff — The United States passed the Tariff of 1816 and enforced it between 1816 and 1824. Introduced following a report from Secretary of the Treasury Alexander J. Dallas and adopted by the Fourteenth Congress, the tariff was staunchly supported by… …
7Fordney–McCumber Tariff — The Fordney–McCumber Tariff of 1922 raised American tariffs in order to protect factories and farms. Congress displayed a pro business attitude in passing the ad valorem tariff and in promoting foreign trade through providing huge loans to Europe …
8Legislative veto — A legislative veto exists in governments that separate executive and legislative functions if actions by the executive can be rejected by the legislature.United StatesThe legislative veto had an interesting, but short lived function in the United …
9United 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… …
10Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
