In response to American public opinion, Harding and Congress pass the Emergency Tariff Act. Raising tariffs, especially on farm products, the temporary bill will be replaced one year later by the Fordney-McCumber Tariff Act, a permanent bill with even higher tariff rates. Designed to protect American products and end the post-war recession, such protectionist legislation ultimately destabilizes international commerce by heightening economic nationalism.
Exhibit exists
False