during the 1920 what was the goal of the united states tariffs
Emergency Tariff of 1921 The Emergency Tariff of 1921 of the United States was enacted on May 27, 1921. Due to the Underwood Tariff passed during the administration of President Woodrow Wilson, Republican leaders in the United States Congress rushed to create a temporary measure to ease the plight of farmers until a better solution could be put into place. With growing unrest in the American public, President Warren G. Harding and Congress passed the tariff.
Trump tariffs Beginning on June 1, 2018, the Trump administration imposed a 25% tariff on imports of steel, and a 10% tariff on aluminum, on the European Union, Canada, and Mexico.[3] The tariffs angered U.S. allies, who planned retaliatory tariffs on U.S. goods, and heightened chances of a trade war.[4][5] China said that it will retaliate for the tariffs imposed on $50 billion of Chinese goods that come into effect on July 6.[6] India is also planning to hit back to recoup trade penalties of $241 million on $1.2 billion worth of Indian steel and aluminium.[7] Other countries, such as Australia, are concerned of the consequences of a trade war.[6]