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Taussig (second from the left) at the 1911 Harvard commencement. Much of Taussigs work is available from Internet Archive: 1883: Protection to Young Industries as Applied to the United States (second edition, 1886) 1885: History of the Present Tariff, 1860–83; 1888: The Tariff History of the United States eighth edition, 1931,
Tariff rates were reduced an average 1.47 percent, with most rates remaining around 35–40 percent. President Arthur was not the most enthusiastic supporter of tariff reduction, but he did feel that some meaningful reduction was needed and he recognized that the changes made by the "Mongrel Tariff" were insufficient.
Currently only about 30% of all import goods are subject to tariffs in the United States, the rest are on the free list. The "average" tariffs now charged by the United States are at a historic low. The list of negotiated tariffs are listed on the Harmonized Tariff Schedule as put out by the United States International Trade Commission. [104]
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The U.S. Sugar Equalization Board was a United States government agency established on July 11, 1918, during World War I, to stimulate U.S. sugar production by equalizing prices of domestic and imported crops.
The Tariff of 1842, or Black Tariff as it became known, was a protectionist tariff schedule adopted in the United States.It reversed the effects of the Compromise Tariff of 1833, which contained a provision that successively lowered the tariff rates from their level under the Tariff of 1832 over a period of ten years until the majority of dutiable goods were to be taxed at 20%.
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