America really benefitted in the end because of the Tariff of 1816. Since the tariff raised the price of British goods, our American products were cheaper, making our products the more popular buy. Americans started to buy America made products instead of foreign nations goods, who receive the profit. Our country's nationalism grew becasue of this.
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The South benefitted the least from the Tariff of 1816 because they ended up paying more for goods. The tariffs benefitted factory owners and there were not factories in the South.
The North
Tariff of 1816
The tariff of 1816 was the first tariff passed in the United States. It was proposed by Secretary of the Treasury Alexander Dallas to help American manufacturers. It was approved in 1816 and was to last only until 1820. Southern states opposed it because they sold their cotton in Great Britain.
Tallmadge Amendment
Taxing Imports