President Trump recently instituted new tariffs on two allies and one adversary: 25% on goods from Mexico and Canada and 10% ...
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We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
Tariff legislation has always been a fraught issue, requiring considerable effort by the legislative branch to debate and iron out competing interests. Those battles have been memorialized in American ...
For example, on May 19, 1828, President John Quincy Adams signed ... Though meant to protect manufacturing concerns in the North, the tariff devastated the South and its cotton exports.