jul 1, 1807 - The Embargo Act of 1807
Description:
- Prohibited U.S. ships to go to foreign ports- Backfired on U.S.
- British just substituted U.S. goods with south American goods
- New England merchants and shipbuilders suffered a lot
- Repealed in 1809, with all nations except Britain and France
Added to timeline:
Date:
jul 1, 1807
Now
~ 218 years ago