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

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 ...

George Washington (1789–1797) signed the Tariff Act of 1789, one of the first major laws passed by Congress. It was designed to generate revenue for the federal government and protect emerging ...

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

How long have tariffs existed in the U.S.? In the U.S., tariffs have been implemented since 1789, with the first significant tariff law enacted to help finance the newly established government.

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 ...