Explain How Using Tariffs Can Show That the Americans Had Become More Isolationist After World War I

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Explain how using tariffs can show that the Americans had become more isolationist after World War IExplain how using tariffs can show that the Americans had become more isolationist after World War I The importation of goods to America from other countries was changed with increased use of tariffs by the American government. Tariffs are when there is a tax for the importation and exportation. It caused any foreign goods to be more expensive than goods produced in the USA. The Fordney-McCumber Act, passed by congress in 1922, established the largest tariffs in history of the world, with tariffs reaching up to 400% in some areas and having an overall average of 40%. This was to protect infant American industries from cheaper imports, but it also increased revenue to the government. There were two aims to the Fordney-McCumber Tariff. The first was the ‘Scientific tariff’ which linked tariffs to the wages of the exporting country. For example, if wages in Spain were low the tariff on Spanish goods would be proportionally higher. The second was the ‘American Selling Price tariff’ which linked the tariff to the prices of American goods and not how much they cost to produce. If France produced an item for $120 and the American selling price was $150 and the US tariff was 50%, the tariff would be $75. Foreign imports were therefore always more expensive than American produced goods. Before this, President Wilson had implemented low tariffs and did not want them to increase. However, when Harding became the President, increased tariffs were in extremely high demand and he thus made an emergency tariff in May 1921. It was made to increase duties on food and goods imported from other countries. This shows that America’s government wanted their citizens to spend money on USA’s own supplies and hinder economic cooperation
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