Dingley Tariff
The Dingley Tariff was a significant piece of legislation enacted in the United States in 1897. It aimed to raise tariffs on imported goods to protect American industries and promote domestic production. Named after Congressman Nelson Dingley, the tariff was part of a broader effort to stabilize the economy and increase government revenue.
The Dingley Tariff replaced the previous Wilson-Gorman Tariff and established higher rates on various products, including textiles and agricultural goods. This legislation marked a shift towards more protectionist trade policies in the U.S., influencing economic debates and policies for years to come.