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apr 9, 1909 - Payne-Aldrich Tariff Act

Description:

Payne-Aldrich Tariff Act, law passed by the U.S. Congress in 1909 in response to a call from Republican Pres. William Howard Taft for lower tariffs. ... The Payne-Aldrich Tariff Act dropped rates in general only by about 5 percent, and it raised rates on such items as iron ore and coal.

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ByAntoine Moret
16 May 2021
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apr 9, 1909
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~ 116 years ago
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