Tariffs Against Canadian Goods: Unnecessary Antagonism Towards Friends
Instituting a tariff was one of the first acts of the American republic following the establishment of its new constitutional government. Originally set at 50 cents per ton for imported goods carried on foreign ships, and reduced to just 3 cents per ton for goods transported by American vessels, these tariffs were essential in providing critical revenue for the fledgling American republic. The rates were kept low enough to allow for the continued importation of finished European goods, which were still necessary for American markets. At the same time, they not only helped fund the federal government during a crucial period of nation-building but also served as a vital tool for encouraging the growth of American shipping and trade.
This successful implementation of a tariff regime is often brought up in conservative circles by those seeking to reduce government reliance on the current income tax system. However, the global economic environment is fundamentally different today than it was at the turn of the 1800s. For better or for worse, usually much worse, consecutive American governments have welcomed foreign manufactured goods with little to no tariffs in the name of free trade.