Men Sewed Straw Hats: Report Of The United Stated Tariff Commission To The
This book is a report of the United States Tariff Commission to the President of the United States on the costs and benefits to the United States economy of eliminating the tariff on men's sewed straw hats.
The report was prepared in response to a request from the President, who had been asked by the American Straw Hat Institute to consider eliminating the tariff.
5 out of 5
Language | : | English |
File size | : | 139 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Print length | : | 41 pages |
Lending | : | Enabled |
The Tariff Commission was created in 1916 to provide the President and Congress with information on the effects of tariffs on the United States economy.
The Commission is an independent agency that is not subject to the control of any other government agency.
Findings
The Tariff Commission found that eliminating the tariff on men's sewed straw hats would have a small but positive impact on the United States economy.
The Commission estimated that eliminating the tariff would increase the volume of straw hats imported into the United States by about 10 percent.
This would lead to a small increase in the price of imported straw hats, but the Commission estimated that the overall impact on consumer prices would be negligible.
The Commission also estimated that eliminating the tariff would lead to a small increase in the number of jobs in the United States straw hat industry.
The Commission estimated that the number of jobs in the industry would increase by about 100 over the next five years.
The Tariff Commission concluded that eliminating the tariff on men's sewed straw hats would have a small but positive impact on the United States economy.
The Commission recommended that the President eliminate the tariff.
President's Decision
In response to the Tariff Commission's report, the President decided to eliminate the tariff on men's sewed straw hats.
The tariff was eliminated effective January 1, 1923.
Impact of the Tariff Elimination
The elimination of the tariff on men's sewed straw hats had a small but positive impact on the United States economy.
The volume of imported straw hats increased by about 10 percent, and the price of imported straw hats decreased slightly.
The number of jobs in the United States straw hat industry increased by about 100 over the next five years.
The elimination of the tariff on men's sewed straw hats was a good example of how the Tariff Commission can provide the President and Congress with information on the effects of tariffs on the United States economy.
The Commission's report on the straw hat tariff was well-reasoned and objective, and it helped the President make an informed decision.
5 out of 5
Language | : | English |
File size | : | 139 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Print length | : | 41 pages |
Lending | : | Enabled |
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5 out of 5
Language | : | English |
File size | : | 139 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Print length | : | 41 pages |
Lending | : | Enabled |