Tariff
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A tariff, or import tax, is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levi
In Ancient Greece, the port of Piraeus was connected to Athens with Long Walls that provided security for transportation of goods.
An early 1900s poster draws attention to a political debate over tariff policy.
Storck Harbour scene
Smoot–Hawley Tariff Act
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The Tariff Act of 1930, also known as the Smoot–Hawley Tariff Act, was a protectionist trade measure signed into law in the United States by President Herbert Hoover on June 17, 1930. Named after its
Tariff
…products, resulting in the US trade-weighted average tariff rising from 2% to an estimated 24%, the highest level in over a century, including under the Smoot–Hawley Tariff Act of 1930. The tariff has been used as a political tool to establish an independent nation; for example, the United States Tariff Act of 1789, signed…
Willis C. Hawley (left) and Reed Smoot in April 1929, shortly before the Smoot–Hawley Tariff Act passed the House of Representatives