One positive thing about protective tariffs is that they protect jobs associated with manufacturing and distributing domestic goods and services. They are also beneficial to fledging companies who cannot compete with established foreign enterprises. One argument against the tariffs is that is artificially increases prices. Another argument is that it can lead to targeted countries imposing their own tariffs.
During the Civil War, the South opposed protective tariffs. Southern states relied heavily on agriculture and international trade, particularly cotton exports, and viewed tariffs as harmful to their economy. They believed that protective tariffs favored Northern industries at their expense, leading to increased prices for goods and reduced competitiveness in international markets.
west
Sectional arguments between the North and South
I believe that it was the Whig Party, not sure.
In the years leading up to the Civil War, Southern states largely opposed protective tariffs. They argued that such tariffs favored Northern industrial interests at the expense of the agricultural economy of the South, which relied heavily on imports. Southern leaders believed that high tariffs increased costs for consumers and hindered trade, particularly in the cotton market. This opposition to tariffs was a significant factor contributing to the growing tensions between the North and South.
He was against it
protective tariffs - apex
Protective tariffs
Protective tariffs had a few effects in the American economy. The main effect that it had was pricing.
During the Civil War, the South opposed protective tariffs. Southern states relied heavily on agriculture and international trade, particularly cotton exports, and viewed tariffs as harmful to their economy. They believed that protective tariffs favored Northern industries at their expense, leading to increased prices for goods and reduced competitiveness in international markets.
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Congress continued to raise protective tariffs.
Protective tariffs
Yes
west
they loved them!
Tariffs may lead to ill will among countries