Get Civil Tariff

Tariffs are a tax levied on imported goods and were the dominant source of the federal government's revenue in the 19th century. Tariffs were also used for protectionist purposes, benefiting largely northern manufacturing businesses and effectively raising the costs to southern agricultural exporting industries.

A tariff war is an economic battle between countries where each levies an additional tax on the other's exports. Tariff wars generally start when leadership in one country is unhappy with a trade partner's trading behavior or for geopolitical reasons.

While slavery dominated the secession debate in the south, the Morrill tariff provided an issue for secessionist agitation in some southern states. The law's critics compared it to the 1828 Tariff of Abominations, which sparked the Nullification Crisis, but its average rate was significantly lower.

Tariffs are taxes imposed by one country on goods or services imported from another country. Tariffs are trade barriers that raise prices and reduce available quantities of goods and services for U.S. businesses and consumers.

High tariffs were a means not only of protecting infant industries, but of generating revenue for the federal government. They were also a mainstay of the Republican Party, which dominated the Washington political scene after the Civil War.

Tariffs and excise taxes were authorized by the United States Constitution and recommended by the first United States Secretary of the Treasury, Alexander Hamilton in 1789 to tax foreign imports and set up low excise taxes on whiskey and a few other products to provide the Federal Government with enough money to pay ...

A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.

With the Morrill Tariff, the Republican Congress inaugurated a policy of high protectionism in March 1861 that would last for decades. It was the highest tariff yet in American history, with average rates of 47 percent.