Tariff of 1792
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The Tariff of 1792 was the third of Alexander Hamilton's
protective tariff Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. They aim to make imported goods cost more than equivalent goods produced domestically, thereby causing sales of domestically produced goods to rise, ...
s in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
(first was the
Hamilton tariff The Tariff Act of 1789 was the first major piece of legislation passed in the United States after the ratification of the United States Constitution and it had two purposes. It was to protect manufacturing industries developing in the nation an ...
of 1789, second was the Tariff of 1790). Hamilton had persuaded the
United States Congress The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washing ...
to raise duties slightly in 1790, and he persuaded them to raise rates again in 1792, although still not to his satisfaction.
Protectionism Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulatio ...
was one of the fulfillments of Hamilton's
Report on Manufactures The Report on the Subject of Manufactures, generally referred to by its shortened title Report on Manufactures, is the third major report, and ''magnum opus'', of American Founding Father and first United States Treasury Secretary Alexander Hami ...
.


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* * * {{US tax acts 1792 in American law 2nd United States Congress United States federal taxation legislation
1792 Events January–March * January 9 – The Treaty of Jassy ends the Russian Empire's war with the Ottoman Empire over Crimea. * February 18 – Thomas Holcroft produces the comedy '' The Road to Ruin'' in London. * February ...