Emergency Tariff Act of 1921
GPTKB entity
Statements (75)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:bfsLayer |
4
|
| gptkbp:bfsParent |
gptkb:67th_United_States_Congress
|
| gptkbp:affects |
international trade
agricultural products manufactured goods foreign trade relations shift in trade policy |
| gptkbp:associated_with |
isolationism
trade protectionism protectionist measures |
| gptkbp:consequences |
trade tensions
|
| gptkbp:contributed_to |
economic nationalism
|
| gptkbp:controversy |
protectionism
|
| gptkbp:duration |
temporary measure
|
| gptkbp:economic_impact |
decreased exports
decreased imports job protection in certain sectors short-term protection for domestic industries |
| gptkbp:effective_date |
gptkb:1921
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:financial_performance |
temporary relief for farmers
|
| gptkbp:goal |
protect American jobs
|
| gptkbp:governing_body |
part of a series of tariff acts
increased tariffs on specific goods |
| gptkbp:historical_context |
1920s economic policies
|
| gptkbp:historical_debate |
economists
Congressional hearings tariff vs. free trade |
| gptkbp:historical_impact |
shaped future tariff legislation
|
| gptkbp:historical_significance |
set precedent for future tariffs
|
| https://www.w3.org/2000/01/rdf-schema#label |
Emergency Tariff Act of 1921
|
| gptkbp:impact |
increased import duties
increased prices on imported goods |
| gptkbp:influenced_by |
gptkb:Great_Depression
labor market conditions economic policy debates post-war economic challenges political climate of the 1920s domestic pressure from industries |
| gptkbp:is_criticized_for |
raising consumer prices
|
| gptkbp:is_implemented_in |
gptkb:U._S._Department_of_Commerce
|
| gptkbp:is_opposed_by |
importers
consumer groups |
| gptkbp:is_supported_by |
gptkb:High_School
American manufacturers |
| gptkbp:legislation |
gptkb:Tariff_Act_of_1922
|
| gptkbp:market |
mercantilism
protectionism post-war recession post-World War I recession |
| gptkbp:part_of |
U. S. tariff history
U. S. trade policy history |
| gptkbp:passes_through |
Senate and House of Representatives
|
| gptkbp:predecessor |
gptkb:Underwood_Tariff_Act_of_1913
|
| gptkbp:president |
gptkb:Warren_Harding
|
| gptkbp:public_perception |
mixed opinions
|
| gptkbp:purpose |
impose tariffs on imports
to increase tariffs on certain goods |
| gptkbp:related_to |
gptkb:Smoot-Hawley_Tariff_Act
gptkb:stock_market_index U. S. economic recovery efforts U. S. foreign trade relations |
| gptkbp:repealed_by |
gptkb:Tariff_Act_of_1930
subsequent tariff legislation |
| gptkbp:replaced_by |
gptkb:Tariff_Act_of_1930
gptkb:Fordney-Mc_Cumber_Tariff_Act |
| gptkbp:resulted_in |
trade imbalances
|
| gptkbp:revenue |
increased federal revenue
tariff duties |
| gptkbp:signed_by |
President Warren G. Harding
|
| gptkbp:significance |
response to post-World War I economic conditions
|
| gptkbp:sponsor |
gptkb:Republican_Party
|
| gptkbp:target_market |
agriculture
manufacturing |