<h3><em><u>The Tariff Act of 1789 (1 Stat. 24), signed into law by President George Washington on July 4, 1789, was the first substantive legislation passed by the first Congress. This act, together with the Collection Act of 1789, operated as a device both to protect trade and to raise revenues for the federal government. The constitutional authority for the act is found in the powers given to Congress "to lay and collect Taxes, Duties, Imports and Excises" and "to regulate Commerce with foreign Nations." Among other things, the act established the first schedule of import duties and created an additional duty of 10 percent on imports carried on vessels "not of the United States."</u></em></h3><h3 /><h3 /><h3 /><h3 /><h3 /><h3 /><h3 />
When countries create tariffs, they set tax on imported goods to increase the price of that imported goods in the market. By doing this they will help the development of local business.
<em>Put a price on carbon.End fossil fuel subsidies.</em>
<em>Put a price on carbon.End fossil fuel subsidies.Build low-carbon, resilient cities.</em>
<em>Put a price on carbon.End fossil fuel subsidies.Build low-carbon, resilient cities.Increase energy efficiency and use of renewable energy.</em>
<em>Put a price on carbon.End fossil fuel subsidies.Build low-carbon, resilient cities.Increase energy efficiency and use of renewable energy.Implement climate-smart agriculture and nurture forest landscapes.</em>
Bostons economy flourished of the sea ex. they have the boston harbor witch brought in tons of trade , New york economy was focused on lumber and charelston was rural farmlands . Hope this helps
