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Topic: Protective tariff


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In the News (Fri 17 Feb 12)

  
  The Moral Aspect of the Protective Tariff | The Foundation for Economic Education: The Freeman, Ideas on Liberty
The protective tariff is a device for enhancing the home price of the articles it covers by a tax on commerce, by forcing the body of citizens to pay tribute to producers at home.
Moreover, as a matter of fact, the protective tariff yields little gain to the laborer, because continued immigration brings him new competitors and because he is in his turn one of the general public who suffer from the commerce tax.
The tariff is defended on the ground of the value to the growing nation of the advancement of infant industries—of the development of diversified economies.
www.fee.org /publications/the-freeman/article.asp?aid=2416   (1644 words)

  
  Tariff - LoveToKnow 1911   (Site not responding. Last check: 2007-10-10)
This circumstance strengthens the hold of the protective system, especially in countries where customs duties are an important source of revenue, the combination of fiscal convenience and of protection to home industry being a highly attractive one.
The tariff history of France in the 19th century divides itself into three periods: one of complete prohibition, lasting till 1860; second, of liberal legislation, from 1860 to 1881; third, of reversion to protection after 1881.
The tariff history of Germany, up to the foundation of the German Empire, is the history of the Zollverein or German customs union; and this in turn is closely connected with the tariff history of Prussia.
www.1911encyclopedia.org /Tariff   (6342 words)

  
 George, Protection or Free Trade, Chapter 9: Library of Economics and Liberty
Chapter IX PROTECTIVE tariffs differ from revenue tariffs in their object, which is not so much that of obtaining revenue as that of protecting home producers from the competition of imported commodities.
In a purely protective tariff, on the other hand, commodities not produced in the country should be free and duties should be levied on commodities that are or may be produced in the country.
Protection, as the word has come to be used to denote a scheme of national policy, signifies the levying of duties on the importation of commodities (as a means) in order (as an end) to encourage domestic industry.
www.econlib.org /LIBRARY/YPDBooks/George/grgPFT9.html   (3221 words)

  
 Henry George and the Tariff Question - Mises Institute
The protective tariff is popular due to the misconceptions that surround its potential for accruing benefits to the populace.
Tariffs and other devices are often used to redistribute income within the economy precisely because no such consensus exists in the body politic, and that redistribution by the tariff is less obvious than other means the government can employ.
Hence we arrive at the condemnation of protective tariffs as a means to an end, with the end being a politically motivated redistribution of income, the securing of favors for industry participants through opportunities for improved revenues, or the boosting of union wages at the behest of collective bargaining groups.
www.mises.org /story/2086   (3137 words)

  
 The Protective Tariff
A tariff or duty tax is a tax placed on imports, usually calculated as a percent of the price charged for the goods by the foreign suppliers.
Tariffs can therefore be used as a source of revenue for the governments, but are mainly used as a form of protection against foreign competition.
The problem that results from this form of protection is that it stops the standard of living of the rising country and therefore is not often supported by citizens.
www.studyworld.com /basementpapers/papers/stack30_9.html   (985 words)

  
 EH.Net Encyclopedia: The Fordney-McCumber Tariff of 1922
The rates of these tariffs rivaled the protectionist Payne-Aldrich Tariff of 1909, and were considerably higher than the Underwood-Simmons Tariff passed in 1913.
He declared that the House version of the bill was not protective enough, especially in the area of wheat, the most important crop in his state.
He declared that the farmer did not need tariff protection and that tariffs would not raise farm prices, as the farmer was now a net exporter of goods and depended on foreign markets to sell his goods.
eh.net /encyclopedia/article/Kaplan.Fordney   (3369 words)

  
 Taussig, Essay on Tariffs from the Encyclopedia Britannica: Library of Economics and Liberty
Where tariff duties are imposed solely for revenue, an equivalent excise tax is imposed within the country, so as to put the domestic producer precisely on the footing of his foreign competitor; and tariffs so maintained are in complete conformity with the principle of free trade.
The tariff of 1828 was affected by some political manipulation, which caused it to contain objectionable provisions, and to be dubbed "the tariff of abominations." But the so-called abominations were removed in 1832, when the protective system was deliberately and carefully rearranged.
The Democratic party now was in control of legislation, and in the Tariff Act of 1846 established a system of moderate and purely ad valorem duties, in which the protected articles were subjected, as a rule, to a rate of 30 per cent., in some cases to rates of 25 and 20 per cent.
www.econlib.org /library/Taussig/tsgEnc1.html   (6146 words)

  
 The protective tariff
Protection of American industry against foreign competition became necessary, if our workshops were to continue in existence, and to the old party cries a new one was added, that of protective tariff.
That protection of manufactures against undue competition until grown strong enough to stand without support, and the consequent development on American soil of all the industries adapted to its people, climate, and natural conditions, were measures essential to the best good of the country, was theoretically undeniable.
A tariff controversy therefore at once arose, which developed into what has been denominated, a "thirty-year tariff war," since it extended from 1816 to 1846, during which period it was among the most prominent political questions of the country.
www.publicbookshelf.com /public_html/The_Great_Republic_By_the_Master_Historians_Vol_III/protective_bi.html   (1041 words)

  
 Tariff - Wikipedia, the free encyclopedia
A "protective tariff" is intended to artificially inflate prices of imports and "protect" domestic industries from foreign competition (see also effective rate of protection).
Protective tariffs have been used as a measure against this possibility.
This loss of surplus is known as a deadweight loss, and is essentially the loss to society from the introduction of the tariff.
en.wikipedia.org /wiki/Tariff   (1806 words)

  
 The Tariff History of the United States (Part II) by F.W. Taussig   (Site not responding. Last check: 2007-10-10)
The result was to clear the tariff of the excrescences which had grown on it in 1828, and to put it in a form in which the protectionists could advocate its permanent retention.
Niles could not admit it to be a fair application of the protective policy,54 while Matthew Carey called it a "crude mass of imperfection," and admitted it to be a disappointment to the protectionists.
Though distinctively protective, and proclaimed to be such by the Whigs, it had not such a strong popular feeling behind it as had existed in favor of the protective measures of 1824, 1828, and 1832.
teachingamericanhistory.org /library/index.asp?document=1137   (4300 words)

  
 Tariff-RateEmpire.com
The concept of a trade bloc is hence formed, which is a group of allied countries agreeing to minimize or eliminate tariffs against trade with each other, and possibly to impose protective tariffs on imports from outside their bloc.
However, protective tariffs have disadvantages as well; the most notable among these is the fact that they increase the price of the goods subject to the tariff, discouraging continued patronage from its consumers, who might abandon this product for a competitor's.
In these tariffs it is difficult to decide the amount at which to set them, as they may need to be updated due to changes in the market or inflation.
www.rateempire.com /tax/tariff.html   (799 words)

  
 Tariff
The distinction between protective and revenue tariffs is subtle: protective tariffs in addition to protecting local producers also raise revenue; revenue tariffs produce revenue but they also offer some protection to local producers.
A trade bloc is a group of allied countries agreeing to minimize or eliminate tariffs against trade with each other, and possibly to impose protective tariffs on imports from outside the bloc.
These tariffs may be harder to decide the amount at which to set them, and they may need to be updated due to changes in the market or inflation.
www.chinadaily.com.cn /bizchina/2006-10/13/content_707695.htm   (644 words)

  
 Wikinfo | Tariff
Tariffs are similar to tolls, which are applied to people rather than goods.
They can backfire if countries whose trade is disadvantaged by the tariff impose tariffs of their own, resulting in a trade war.
The opposition to all tariffs is called the free trade principle, and is a key policy of the World Trade Organization.
www.wikinfo.org /wiki.php?title=Tariff   (357 words)

  
 1816-1860: The Second American Party System and the Tariff
The marked upward revision of the tariff rates enacted by the Tariff of 1828, dubbed the Tariff of Abominations by its southern opponents, formed the basis for the nullification crisis.
The party platform endorsed revenue tariffs designed to generate significant funds, part of which were to be distributed to the states to pay for internal improvements (roads and canals), another component of the American System.
But numerous northern Democrats had supported a modestly protective tariff, and were disappointed that Polk broke his campaign promise to combine the revenue tariff with a measure of protection.
www.tax.org /Museum/1816-1860.htm   (2719 words)

  
 protection. The Columbia Encyclopedia, Sixth Edition. 2001-05
One method is to impose duties on imports (see tariff), increasing the price of the imported article, and making it less attractive to the consumer than the cheaper, domestically produced article.
Since bounties on exports are forbidden by the Constitution, the protective tariff was the chief instrument of such policy.
After World War II, the United States played a leading role in the formation (1948) of the General Agreement on Tariffs and Trade (GATT) and in negotiating the several rounds of multilateral tariff reductions, most recently (1986) the Uruguay round, which led to the formation of the World Trade Organization.
www.bartleby.com /65/pr/protectn.html   (478 words)

  
 Fordney-McCumber Tariff
One of the first legislative trends of the Sixty-Seventh Congress (1921-23) was the Republican leadership's marshaling of their overwhelming majorities in both the House and Senate to return the nation’s tariff policy to protectionism.
The Emergency Tariff Act of 1921 was designed to be only a temporary measure until a more comprehensive measure could be drafted.
Rising tariff barriers in the U.S. made it more difficult for European nations to conduct trade and, resultantly, to pay off their war debts.
www.u-s-history.com /pages/h1370.html   (553 words)

  
 Tariff Table
First protective tariff; Clay and Calhoun supported as part of American System; Southern cotton growers opposed; (Madison administration).
Tariffs are taxes placed on foreign goods by federal governments.
In 1828 a new revision of the tariff was made in favor of protection.
www.u-s-history.com /pages/h963.html   (569 words)

  
 International Safety Equipment Association
OSHA has granted ISEA's request for a public hearing on the agency's proposal to eliminate the references to ANSI standards for eye and face, head and foot protection from its PPE rule.
In comments filed with the agency on July 16, ISEA said the proposal would potentially lower the level of protection for workers and make compliance with the PPE rule more difficult.
Specific topics cover various types of safety equipment to protect workers in specific industries.
www.safetyequipment.org   (731 words)

  
 Advancements In Manufacturing Technology
Contact US The issue of tariffs was part of the economic history of the United States from the beginning.
Again, in 1812, the government increased tariffs to raise revenue for the War of 1812.
The tariff placed a duty of 25% on imported textiles until June 30, 1819; after which the duty fell to 20%.
www.multied.com /NN/economic/Tariffs.html   (432 words)

  
 Teacher Lesson Plan
The Whiskey Tax of 1791 and the Tariff of 1832 were especially important in shaping the course of the nation.
However, some tariffs were not levied for revenue but to protect American infant industries such as the textile industry.
The Tariff of 1832 was a protective tariff designed to make British goods more expensive.
www.irs.gov /app/understandingTaxes/jsp/whys/lp/IWT2L2lp.jsp   (1196 words)

  
 Protective tariff - Wikipedia, the free encyclopedia
A protective tariff is a tariff or tax imposed on goods imported from other countries in an effort to "protect" goods made within the country.
This tariff was Alexander Hamilton's first answer to pay off debts in the United States.
see Tariff in American history Louis XIV Financial minister Jean-Baptiste Colbert also introduced protective tariffs in attempt to improve French finances in the 1600's.
en.wikipedia.org /wiki/Protective_tariff   (182 words)

  
 Martin Harvey: Charles and Mary Beard (January 1945)
Industrial capitalism, to protect its market, needed tariff walls and could not go along with Southern free trade policies as commercial capitalism had done.
They were driven by their opposition to slavery and to the competition of slave labor.
They had their points of difference with the big bourgeoisie – opposition to a protective tariff, for example – but these considerations were secondary.
www.marxists.org /history/etol/newspape/ni/vol11/no01/harvey.html   (1974 words)

  
 2007 Archive homepage
Certain Sugar Goods: Probable Economic Effect of Tariff Elimination Under NAFTA for Goods of Mexico
Summary of Commission practice relating to administrative protective orders.
INDUSTRIAL BIOTECHNOLOGY: DEVELOPMENT AND ADOPTION BY THE U.S. Investigation No. 332-481: In accordance with the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Commission has submitted a request for approval of a questionnaire to the Office of Management and Budget for review.
www.usitc.gov /archive   (2530 words)

  
 ScrappleFace » Bush Announces Protective Steelers Tariff
(2003-12-01) — Although the Bush administration plans to drop tariffs designed to protect American steel producers, a senior administration official said the President will also announce a new measure to protect the NFL’s Pittsburgh Steelers.
Even with the 10-point ‘tariff’, the official noted, many opponents will still defeat the Steelers (4-8), “but we’re hoping the point spreads will be less humiliating.”
“Although the Bush administration plans to drop tariffs designed to protect American steel producers, a senior administration official said the…
www.scrappleface.com /?p=1146   (460 words)

  
 2006 Archive homepage
U.S.-SINGAPORE FTA: PROBABLE ECONOMIC EFFECT OF ACCELERATED TARIFF ELIMINATION AND MODIFICATION OF RULES OF ORIGIN
Notification of Distribution of Administrative Protective Order Documents in Electronic Format via CD or DVD
Investigation No. 731-TA-921: Institution of a five year review concerning the antidumping duty order on folding gift boxes from China
www.usitc.gov /archive/archive_2006.htm   (2633 words)

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