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. However, five years after the passage of the tariff, American trading partners had raised their own tariffs by a significant degree. France raised its tariffs on automobiles from 45% to 100%, Spain raised its tariffs on American goods by 40%, and Germany and Italy raised their tariffs on wheat. According to the American Farm Bureau, farmers lost more than $300 million annually as a result of the tariff.
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| - Tarif Fordney-Mac Cumber (fr)
- Fordney–McCumber Tariff (en)
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| - 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. However, five years after the passage of the tariff, American trading partners had raised their own tariffs by a significant degree. France raised its tariffs on automobiles from 45% to 100%, Spain raised its tariffs on American goods by 40%, and Germany and Italy raised their tariffs on wheat. According to the American Farm Bureau, farmers lost more than $300 million annually as a result of the tariff. (en)
- Le tarif Fordney-Mac Cumber, ou tarif Mac Cumber a été créé en 1922 aux États-Unis. Il augmente les droits de douanes à 38 % en moyenne, et fait suite à la montée du protectionnisme aux États-Unis après la Première Guerre mondiale. (fr)
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| - Rep. Joseph W. Fordney of Michigan and Sen. Porter J. McCumber of North Dakota . (en)
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| - Joseph W. Fordney.jpg (en)
- Porter James McCumber.jpg (en)
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| - 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. However, five years after the passage of the tariff, American trading partners had raised their own tariffs by a significant degree. France raised its tariffs on automobiles from 45% to 100%, Spain raised its tariffs on American goods by 40%, and Germany and Italy raised their tariffs on wheat. According to the American Farm Bureau, farmers lost more than $300 million annually as a result of the tariff. (en)
- Le tarif Fordney-Mac Cumber, ou tarif Mac Cumber a été créé en 1922 aux États-Unis. Il augmente les droits de douanes à 38 % en moyenne, et fait suite à la montée du protectionnisme aux États-Unis après la Première Guerre mondiale. (fr)
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