More info on William McKinley
What's the McKinley Bill and how does it relate to Canada?
The McKinley Tariff Bill or Act of 1890, was an act established by the United States Congress framed by American Representative William McKinley. It officially came into effect on October 1st, 1890. It affected the importation and exportation market greatly, as the tariff raised the average duty on imports by almost 50% and imposed fees on the exportation of certain products. It was essentially designed to protect domestic American industries from foreign competition (Protectionism). Eventually the the McKinley Tariff was replaced with the Wilson-Gorman Tariff Act in 1894, which lowered the tariff rates.
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