Tariffs are a means for one country to wrangle better trade terms with another country and to protect domestic manufacturing.

Tariffs are taxes on imports, used to protect domestic industries, generate revenue, and influence trade policies. Trump's ...

One of Congress’ first acts was to pass the Tariff Act of 1789, which was aimed at protecting domestic industry and raising revenue for the new government. In fact, tariffs actually constituted the ...

The first major bill passed by Congress was the Tariff Act of 1789. Weeks later, Washington imposed tonnage taxes on all foreign shipping. The U.S. Merchant Marine was born. In 1791, Treasury ...

The history of tariffs in the United States dates as far back as 1789 when the first tariff law subjected most imported goods to a 5% tax. This was intended to fund the government and to help offset ...

The notion of tariffs dates back to the first major law passed by the U.S. Congress in 1789 and has evolved over time.

The action immediately shook global markets, plummeted stocks and will likely raise prices on everyday products – from gas to ...

One of the first laws signed by the American Congress was the Tariff Act of 1789. Proponents of that legislation, including Alexander Hamilton, wanted to protect American manufacturing in the ...