-
1890
The United States passed the Sherman Antitrust Act to curb the control of large monopolies over markets. The act is designed to preserve free competition and protect consumer interests. -
Period: to
US Building and Protecting Foreign Trade 1890s-1914
-
1897
The United States passed the Dingley Tariff. The act raised tariffs on imported goods to protect local industries from foreign competition. -
1900
The United States enacted the McKinley Tariff Act, which further strengthened tariff protection on imported goods. -
1902
U.S. President Theodore Roosevelt initiated the "Big Stick Foreign Policy," which aimed to protect U.S. commercial and economic interests in Latin America by military means. -
1903
The United States and Cuba signed the Cuban Expansion Treaty, which granted leases in the Guatemalan and Panama Canal zones to better protect U.S. economic and commercial interests in Latin America. -
1909
The United States passed the Payne-Aldrich Tariff Act, which gradually reduced tariffs on some imported goods. -
1913
The United States passed the Underwood Tariff Act, which significantly reduced tariffs on imported goods to promote free trade. -
1914
The United States passed the Foreign Vessel Purchase Act, which requires the U.S. government to give preference to U.S. companies in the procurement of transportation services in order to promote domestic economic development.