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Tariff War
A trade war is an economic conflict often resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party. If tariffs are the exclusive mechanism, then such conflicts are known as customs wars, ''toll wars'', or ''tariff wars''; as a reprisal, the latter state may also increase the tariffs. Trade war arises only if the competitive protection between states is of the same type and it is not valid in case of dumping exports (Perju, 2009). Increased protection causes both nations' output compositions to move towards their autarky position. Minor trade disagreements are often called trade disputes when the war metaphor is hyperbolic. Trade wars could be escalated to full conflict between states, as evidenced in the Massacre of the Bandanese after alleged violations of a new treaty. The First Anglo-Dutch War caused by disputes over trade, the war began with English attac ...
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Economic Conflict
Economic warfare or economic war is an economic strategy utilized by belligerent nations with the goal of weakening the economy of other states. This is primarily achieved by the use of economic blockades. Ravaging the crops of the enemy is a classic method, used for thousands of years. In military operations, economic warfare may reflect economic policy followed as a part of open or covert operations, cyber operations, information operations during or preceding a war. Economic warfare aims to capture or otherwise to control the supply of critical economic resources so friendly military and intelligence agencies can use them and enemy forces cannot. The concept of economic warfare is most applicable to total war, which involves not only the armed forces of enemy countries, but also mobilized war-economies. In such a situation, damage to an enemy's economy is damage to that enemy's ability to fight a war. Scorched-earth policies may deny resources to an invading enemy. Polici ...
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Battle Of Kowloon
The Battle of Kowloon () was a skirmish between British and Chinese vessels off the Kowloon Peninsula, China, on 4 September 1839, located in Hong Kong, although Kowloon was then part of the Guangdong province. The skirmish was the first armed conflict of the First Opium War and occurred when British boats opened fire on Chinese war junks enforcing a food sales embargo on the British community. The ban was ordered after a Chinese man died in a drunken brawl with British sailors at Tsim Sha Tsui. The Chinese authorities did not consider the punishment to be sufficient as meted out by British officials, so they suspended food supplies in an attempt to force the British to turn over the culprit. Captain Charles Elliot was the chief superintendent of British trade in China, and he sailed to Kowloon in the cutter ''Louisa'' for food supplies during the embargo, accompanied by the schooner ''Pearl'' and a pinnace from HMS ''Volage''. They encountered three Chinese junks, and Elli ...
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Warren G
Warren Griffin III (born November 10, 1970) is an American rapper and producer known for his role in West Coast rap's 1990s ascent.Steve Huey"Warren G: Biography" ''AllMusic.com'', Netaktion LLC, visited May 8, 2020. Along with Snoop Dogg and Nate Dogg, he formed the hip-hop trio 213, named for Long Beach's area code. A pioneer of G-funk, he attained mainstream success with the 1994 single " Regulate", a duet with Nate Dogg. The younger stepbrother of rapper Dr. Dre, he introduced him to Snoop Dogg, who Dre later signed. His debut album, '' Regulate... G Funk Era'', debuted at #2 on the US Billboard 200 chart, selling 176,000 in its opening week. The album later went on the sell over 3 million copies in the US and was certified 3x multi-platinum. The single " Regulate" spent 18 weeks in the Top 40 of the Billboard Hot 100, with three weeks at No. 2, while " This D.J.", reached No. 9. Both songs earned Grammy nominations. Three songs from his second album, ''Take a Look Over Y ...
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Senate Finance Committee
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act (notably Medicare and Medicaid) and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is considered to be one of the most powerful committees in Congress. History The Committee on Finance is one of the original committees established in the Senate. First created on December 11, 1815, as a select committee and known as the Committee o ...
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Porter McCumber
Porter James McCumber (February 3, 1858May 18, 1933) was a United States senator from North Dakota. He was a supporter of the 1906 "Pure Food and Drug Act", and of the League of Nations. Early life Born in Crete, Illinois in 1858, he moved with his parents to a farm in Rochester, Minnesota, later that year. He attended the common schools and taught school for a few years. He graduated from the law department of the University of Michigan at Ann Arbor in 1880. He was admitted to the bar and began his practice at Wahpeton, Dakota Territory, in 1881. In his youth, he reportedly worked as a grain stacker on the farm of George Worner, near Great Bend. Worner was one of the town's founders and served in the county government. Political career McCumber, a staunch Republican, was elected to the territorial House of Representatives in 1884 and the territorial Senate in 1886. He served as the state attorney of Richland County from 1889 to 1891. McCumber Agreement In an effort to reso ...
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House Ways And Means Committee
The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives. The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster care, and adoption programs. Members of the Ways and Means Committee are not allowed to serve on any other House Committee unless they are granted a waiver from their party's congressional leadership. It has long been regarded as the most prestigious committee of the House of Representatives. The United States Constitution requires that all bills regarding taxation must originate in the U.S. House of Representatives, and House rules dictate that all bills regarding taxation must pass through Ways and Means. This system imparts upon the committee and its members a significant degree of influe ...
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Joseph Fordney
Joseph Warren Fordney (November 5, 1853 – January 8, 1932) was an American Republican politician from Saginaw, Michigan. He represented Saginaw County and the surrounding area of Central Michigan in the U.S. House of Representatives for twenty-four years. Biography Fordney was born on a farm near Hartford City, Indiana where he attended the common schools. He moved to Saginaw, Michigan in June 1869 and engaged in the lumber industry. Afterward became the owner of extensive lumber enterprises and the vice president of the Saginaw Board of Trade. He was also a member of the Saginaw Board of Aldermen from 1896 to 1900. In November 1898, Fordney defeated incumbent Democrat Ferdinand Brucker to be elected as a Republican from Michigan's 8th congressional district to the 56th United States Congress. He was subsequently re-elected to the eleven succeeding Congresses, serving from March 4, 1899 to March 3, 1923. Fordney served as the chairman of the Committee on Expenditures in the ...
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Fordney–McCumber Tariff
The Fordney–McCumber Tariff of 1922 was a law that raised American tariffs on many imported goods to protect factories and farms. The US Congress displayed a pro-business attitude in passing the tariff and in promoting foreign trade by providing huge loans to Europe. That, in turn, bought more US goods. However, five years after the passage of the tariff, American trading partners had raised their own tariffs by a significant degree. France raised its tariffs on automobiles from 45% to 100%, Spain raised its tariffs on American goods by 40%, and Germany and Italy raised their tariffs on wheat. According to the American Farm Bureau, farmers lost more than $300 million annually as a result of the tariff. Background The first sector of the economy that was hit by a fall in postwar demand was agriculture. During World War I, the American agricultural industry had enjoyed prosperity through the raising of prices, which led to increased output that Americans used to supply Europe. Fa ...
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Gdynia
Gdynia ( ; ; german: Gdingen (currently), (1939–1945); csb, Gdiniô, , , ) is a city in northern Poland and a seaport on the Baltic Sea coast. With a population of 243,918, it is the List of cities in Poland, 12th-largest city in Poland and the second-largest in the Pomeranian Voivodeship after Gdańsk. Gdynia is part of a conurbation with the spa town of Sopot, the city of Gdańsk, and suburban communities, which together form a metropolitan area called the Tricity, Poland, Tricity (''Trójmiasto'') with around 1,000,000 inhabitants. Historically and culturally part of Kashubia and Pomerelia, Eastern Pomerania, Gdynia for centuries remained a small fishing village. By the 20th-century it attracted visitors as a seaside resort town. In 1926, Gdynia was granted city rights after which it enjoyed demographic and urban development, with a Modernist architecture, modernist cityscape. It became a major seaport city of Poland. In 1970, 1970 Polish protests, protests in and aroun ...
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Gustav Stresemann
Gustav Ernst Stresemann (; 10 May 1878 – 3 October 1929) was a German statesman who served as chancellor in 1923 (for 102 days) and as foreign minister from 1923 to 1929, during the Weimar Republic. His most notable achievement was the reconciliation between Germany and France, for which he and French Prime Minister Aristide Briand received the Nobel Peace Prize in 1926. During a period of political instability and fragile, short-lived governments, he was the most influential cabinet member in most of the Weimar Republic's existence. During his political career, he represented three successive liberal parties; he was the dominant figure of the German People's Party during the Weimar Republic. Early years Stresemann was born on 10 May 1878 in 66 Köpenicker Straße in Southeast Berlin, the youngest of seven children. His father worked as a beer bottler and distributor, and also ran a small bar out of the family home, as well as renting rooms for extra money. The family was ...
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German–Polish Customs War
The German–Polish customs war was a political and economic conflict between the Second Polish Republic and the Weimar Republic, which began in June 1925 (shortly after the death of German president Friedrich Ebert from SPD) and ended officially in March 1934. The conflict began when Poland's status expired as one of the Entente's most favoured nations in trade with Germany.Nonreciprocal most favoured nation status for all Allies of World War I (Entente) countries was determined in the Versailles treaty. Berlin then decided to raise customs duty, which primarily affected the Polish coal industry, Poland's main export to Germany. In return, Warsaw also raised duty on German goods. Germany's purpose in the war was to cause a breakdown of Poland's economy and gain political concessions. They included revanchist claims to Polish territories. Background In 1918, Poland gained independence after 123 years of foreign dominance. The economy of the newly created country was bad, the re ...
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Second Polish Republic
The Second Polish Republic, at the time officially known as the Republic of Poland, was a country in Central Europe, Central and Eastern Europe that existed between 1918 and 1939. The state was established on 6 November 1918, before the end of the First World War. The Second Republic ceased to exist in 1939, when Invasion of Poland, Poland was invaded by Nazi Germany, the Soviet Union and the Slovak Republic (1939–1945), Slovak Republic, marking the beginning of the European theatre of World War II, European theatre of the Second World War. In 1938, the Second Republic was the sixth largest country in Europe. According to the Polish census of 1921, 1921 census, the number of inhabitants was 27.2 million. By 1939, just before the outbreak of World War II, this had grown to an estimated 35.1 million. Almost a third of the population came from minority groups: 13.9% Ruthenians; 10% Ashkenazi Jews; 3.1% Belarusians; 2.3% Germans and 3.4% Czechs and Lithuanians. At the same time, a ...
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