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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,
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The Tariff of 1842 returned the tariff to the level of 1832, with duties averaging between 23% and 35%. The Walker Tariff of 1846 essentially focused on revenue and reversed the trend of substituting specific for ad valorem duties. The Tariff of 1857 reduced the tariff to a general level of 20%, the lowest rate since 1830, and expanded the free ...
What happened a century ago can be instructive when evaluating presidential candidates' tariff proposals, writes Mark Edelman. Opinion: History of tariffs shows the limits of populism Skip to main ...
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Tariff fights can backfire, because the government can't easily shape the preferences of American consumers.
As part of his economic nationalism, Trump has called for a 20% across-the-board tariff on all imports, a 60% duty on Chinese goods, and a punitive tax on U.S. companies that ship jobs overseas.
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