ENTRANCE FEES
“Tariff Man” has plenty of company: The United States has been taxing an array of offbeat imports for more than 200 years.
2019:
When President Trump’s next tariff round kicks in on December 15, iPhones made in (where else?) China will face a 15% levy, meaning even the cheapest iPhone 11 model will run an extra $100—assuming Apple doesn’t absorb the cost.
1930:
The notorious Smoot-Hawley Tariff Act takes aim at childhood itself, whacking toy dolls with a 90% import fee.
1890:
Before he would rise to the presidency in 1897, Representative William McKinley pushes a tariff bill through Congress that includes a 60% tax on imported eyeglasses and lenses. His future veep, the bespectacled Teddy Roosevelt (above), surely squints in disapproval.
1816:
The first explicitly protectionist trade measure in
U.S. history slaps a 30% tariff on foreign-made umbrellas (among much else)—bad news for Americans that September, when a tropical storm batters the former colonies.