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US Building and Protecting Foreign Trade 1890s-1914

  • McKinley Tariff Act

    This year, the United States passed the McKinley Tariff Act, which significantly increased the level of tariffs on imported goods. The move is designed to protect domestic industries from foreign competition, while also raising revenue for the government.
  • Economic recession

    The United States has experienced a severe economic recession, and foreign trade has been affected to some extent. This has prompted the government to pay more attention to how to protect domestic industries and markets
  • Trade Agreement negotiations

    :The United States has begun negotiations with a number of trading partners on bilateral trade agreements aimed at lowering tariff barriers and facilitating the free flow of goods and services.
  • Wilson-gorman Tariff Act

    This Act reduced the average tariff on imports, reflecting the United States' pursuit of trade balance and open markets.
  • Foreign trade growth

    With the gradual recovery of the U.S. economy and the acceleration of industrialization, the volume of foreign trade began to grow significantly.
  • Reciprocal Trade Agreements

    The United States has reciprocal trade agreements with a number of countries that further promote international trade
  • Tariff adjustment

    For some specific industries, the United States has made tariff adjustments to better protect the interests of domestic industries
  • Trade Policy Review

    The Administration conducted a comprehensive review of existing trade policies to assess their effectiveness and make adjustments accordingly.
  • World War I Eve

    As World War I approaches, global trade tensions increase. Although the United States had not yet entered the war directly, its foreign trade policy began to be affected by the war.