Walker Tariff of 1846

E306550

The Walker Tariff of 1846 was a major U.S. revenue-focused tariff law that significantly reduced protectionist duties, reflecting the Democratic Party’s free-trade principles during James K. Polk’s presidency.

All labels observed (5)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal tariff law ⓘ
revenue tariff ⓘ
trade liberalization measure ⓘ
associatedWithAdministration James K. Polk administration ⓘ
cameIntoEffect 1846 ⓘ
considered major victory for free-trade advocates ⓘ
country United States ⓘ
dateSigned 1846-07-30 ⓘ
economicEffect increased customs revenue ⓘ
reduced protectionism ⓘ
stimulated foreign trade ⓘ
enactedIn 1846 ⓘ
enactedUnderPresident James K. Polk ⓘ
followedBy Morrill Tariff ⓘ
historicalContext Democratic free-trade program of the 1840s ⓘ
Polk presidency ⓘ
historicalEra Antebellum United States ⓘ
linked to: Antebellum period
ideologicalOppositionTo American System protectionism ⓘ
increasedImportsFrom Europe ⓘ
Great Britain ⓘ
legalForm Act of Congress ⓘ
legislativeBody United States Congress ⓘ
longTermSignificance marked shift away from high protective tariffs in mid-19th century United States ⓘ
namedAfter Robert J. Walker ⓘ
officeHeldByProposer United States Secretary of the Treasury ⓘ
opposedBy Northern industrial interests ⓘ
Whig Party politicians ⓘ
linked to: Whig Party
policyType revenue-only tariff ⓘ
tariff reduction ⓘ
politicalPartyContext Democratic Party ⓘ
precededBy Tariff of 1842 ⓘ
primaryPurpose raise federal revenue ⓘ
proposedBy Robert J. Walker ⓘ
reducedAverageTariffRateFrom approximately 32 percent ⓘ
reducedAverageTariffRateTo approximately 25 percent ⓘ
reducedProtectionFor American manufacturers ⓘ
reflectsIdeology free trade ⓘ
low-tariff policy ⓘ
replaced Tariff of 1842 ⓘ
secondaryPurpose reduce protectionist duties ⓘ
signedBy James K. Polk ⓘ
subjectMatter customs duties ⓘ
foreign imports ⓘ
supportedBy Southern planters ⓘ
Western farmers ⓘ
tariffStructure ad valorem duties ⓘ

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

Support for the Walker Tariff of 1846 → involves → Walker Tariff of 1846 ⓘ
Robert J. Walker → knownFor → Walker Tariff of 1846 ⓘ
Robert J. Walker → authored → Walker Tariff proposal ⓘ
linked to: Walker Tariff of 1846
Compromise Tariff of 1833 → followedBy → Walker Tariff of 1846 ⓘ
Tariff of 1857 → follows → Walker Tariff ⓘ
linked to: Walker Tariff of 1846
Tariff of 1857 → follows → Tariff of 1846 ⓘ
linked to: Walker Tariff of 1846
Tariff of 1857 → precededBy → Walker Tariff ⓘ
linked to: Walker Tariff of 1846
Tariff of 1842 → hasSuccessorPolicy → revenue-oriented Walker Tariff of 1846 ⓘ
linked to: Walker Tariff of 1846