Everyone who had the misfortune to see Trump’s various speeches on inauguration day got to see him explain that the word “tariff’ was the most beautiful word in the dictionary, only to catch himself ...

Henry Clay and John Calhoun backed James Madison’s Tariff of 1816, as did ex-free traders Jefferson and John Adams. It worked. In 1816, the U.S. produced 840,000 yards of cloth. By 1820 ...

After the War of 1812, Congress passed the Tariff of 1816, designed to protect American interests in “agriculture manufactures, trade, and navigation.” The self-reliance of the American ...

Madison signed the first protective tariff in American history. The Tariff of 1816 placed a tax on imported goods, protecting American industries in textiles, iron, and other manufacturing.

Did you just hear about steel tariffs because US President Trump’s actions have caused global market turmoil? The reality is ...