Mises Daily
Author:
James Bovard
Online Publish Date:
the United States’s trade was rollicked by the competing embargoes imposed on European trade by Britain and by Napoleon in France. In response to British attacks the tariffs as high as 216 percent could drive the border states out of the Union: “One of the strongest arguments the [seceded states] could address to [border World War I and its Aftermath During the First World War, normal trade with Europe was cut off. As with the War of 1812, many new American industries sprang up.