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feb 14, 1922 - Fordney-McCumber Tariff enacted

Description:

The tariff was implemented in order to raise tariff rates on manufactured goods. The raise also affected the imported agricultural products. This was very important because it helped American industries. In order to protect and help these industries the tariff was implemented which was very successful.

Added to timeline:

Date:

feb 14, 1922
Now
~ 103 years ago