Import Duties Act 1932

E447426

The Import Duties Act 1932 was a key piece of British protectionist legislation that introduced general tariffs on most imported goods, marking a major shift away from the country's longstanding free trade policy during the interwar period.

All labels observed (1)

Label Occurrences
Import Duties Act 1932 canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf Act of Parliament of the United Kingdom
protectionist legislation
abbreviation IDA 1932
appliedTo most imported goods
appliesToTerritory Great Britain
Northern Ireland
areaOfLaw economic law
tax law
trade law
context Great Depression
country United Kingdom
createdBody Import Duties Advisory Committee
economicImpact increased average level of UK tariffs
reduced volume of certain imports
enactedIn 1932
exempted imports from the British Empire (initially)
field macroeconomic policy
generalTariffRate 10 percent
government Ramsay MacDonald National Government
linked to: Ramsay MacDonald
historicalPeriod interwar period
implementedBy Board of Customs and Excise
introducedBy National Government (United Kingdom)
introducedTariffType general ad valorem tariff
jurisdiction United Kingdom
languageOfWork English
legalForm public general act
legalStatus spent
legislativeBody Parliament of the United Kingdom
linked to: British Parliament
partOf United Kingdom trade policy
placeOfOrigin London
linked to: London, England
policyDirection protectionism
politicalAlignment Conservative Party trade policy shift
precededBy longstanding British free trade era
purpose to improve the balance of payments
to protect domestic industry from foreign competition
to reduce imports
relatedConcept Imperial Preference
tariff reform
relatedEvent Ottawa Conference 1932
relatedTo Abnormal Importations (Customs Duties) Act 1931
Ottawa Agreements Act 1932
linked to: Ottawa Agreements
replacedPolicy free trade policy of the United Kingdom
royalAssent 1932
significance marked a major shift away from longstanding British free trade
startTime 1932
subjectMatter customs
import duties
tariffs
trade policy

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.