jan 1, 1807 - 1807 - The Embargo of 1807 was intended to avert war with the British or the French by removing the US from European tensions and by punishing those two nations for their aggression. Instead, it cost the US valuable tax revenue due to smuggling and reduced US trade, harming the economy as a whole.
Added to timeline:
Date:
jan 1, 1807
Now
~ 218 years ago