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  • 20-01-2017
  • History
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Why did european nations object to the fordney-mccumber tariff??

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AyeItzNekoYT
AyeItzNekoYT AyeItzNekoYT
  • 20-01-2017

The Fordney–McCumber Tariff of 1922 was a law that raised American tariffs on many imported goods in order to protect factories and farms. Congress displayed a pro-business attitude in passing the tariff and in promoting foreign trade through providing huge loans to Europe, which in turn bought more American goods.
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