Encyclopedia of Tariffs and Trade in U.S. History - Vol. 3

Encyclopedia of Tariffs and Trade in U.S. History - Vol. 3

Encyclopedia of Tariffs and Trade in U.S. History - Vol. 3

Encyclopedia of Tariffs and Trade in U.S. History - Vol. 3

Synopsis

The tariff, central to the colonies' separation from Great Britain, has remained one of the most divisive and misunderstood issues in American history. This encyclopedia provides comprehensive coverage of tariffs and trade from pre-colonial times to the present, featuring more than 400 A-Z entries, selected primary documents, and texts of the tariffs.

Excerpt

Whereas the first volume of this work contains information on specific individuals, acts, or events associated with tariffs and trade in U.S. history and the second contains selected primary source documents, this volume includes the texts of the tariff acts. We have limited this volume to the period from 1789, when the U.S. Constitution went into effect, through 1930, when Congress passed the last major tariff act. From 1934 to the present, Congress has continued to relegate its power to formulate tariff policy to the executive branch, first through the use of reciprocal trade agreements and more currently through participation in international trade organizations and by granting fast-track authority to the president. the sheer number of bilateral or multilateral agreements reached through trade negotiations prohibits their inclusion in this work.

The documents appear in chronological order. Each tariff act has a short introduction that places the legislation in historical context. When discussing tariff acts, historians usually provide an average duty rate, however, the inclusion of the complete document allows researchers to examine specific commodities, industries, or rates.

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