3 years ago

What was the effect of the fordney-mccumber tariff

1 answer:

7 0

The Fordney-McCumber Tariff of 1922 was a law that raised American tariffs on many imported goods to protect factories and farms. The US Congress displayed a pro-business attitude in passing the tariff and in promoting foreign trade by providing huge loans to Europe. That, in turn, bought more US goods

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