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August 1, 2025
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jul 6, 1789 - Tariff of 1789

Description:

The Tariff of 1789 was the first significant law passed by the United States Congress after the ratification of the Constitution, primarily aimed at raising revenues for the new government by imposing duties on imported goods. This tariff not only served as a critical source of funding for the federal government but also provided some protection for domestic industries against foreign competition, setting a precedent for future protective tariffs.

Added to timeline:

9 May 2024
2
0
5860

Date:

jul 6, 1789
Now
~ 236 years ago