The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890. [1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as ...

Jul 21, 2008 · William McKinley was a member of the Republican Party. During the late nineteenth century, Republicans strongly supported tariffs to protect growing industries within the United States from foreign competition. The McKinley Tariff was passed into law in 1890, and it dramatically increased the tax rate on foreign products.

In United States: The McKinley tariff This was accomplished in the McKinley Tariff Act of October 1890, passed by Congress one month before the midterm elections of that year. The tariff was designed to appeal to the farmers because some agricultural products …

Jan 30, 2025 · Explore the McKinley Tariffs' role in shaping trade policies and their effects on international commerce and economic strategies. The McKinley Tariffs, enacted in 1890 under President Benjamin Harrison and championed by Congressman William McKinley, marked a significant shift in U.S. trade policy.

On this date, the McKinley Tariff of 1890 became law—boosting protective tariff rates of nearly 50 percent on average for many American products. Ways and Means Committee Chairman William McKinley of Ohio led the effort in the House.

6 days ago · Why William McKinley's tariff policy, lauded by Trump, isn't what it seems : The Indicator from Planet Money President Trump speaks fondly of William McKinley, the 25th U.S. president who was a ...

Jan 27, 2025 · When McKinley helped pass new tariff legislation in 1890 as a representative of Congress, raising the average duties on imports of manufactured goods to 49.5 percent, those tariffs were widely ...

The McKinley Tariff Act illustrated the Republican Party's commitment to protecting American industry through high tariffs. By significantly raising tariffs on imports, the act aimed to shield domestic manufacturers from foreign competition, aligning with the party's pro-business stance.

better known as the McKinley Tariff, was a pivotal episode in U.S. trade policy, dra-matically raising import duties to near-record levels. This paper provides an analysis of the McKinley Tariff by integrating historical evidence with insights from modern inter-national trade theory. We revisit the economic and political debates of the 1890s using

The McKinley Tariff of 1890 was the highest in the nation's history. Yet, eleven years later, while serving his second term as President, McKinley revised his views, and the last speech he made before his assassination was on tariff reform.