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To: trubolotta
That was before South Carolina reduced its tariff to 10% and the newspapers realized that would apply not only to foreign goods but to northern goods as well now that they were “foreign”.

Which would mean that any goods the South had bought from the North before the war would now be 10% higher. And it would have no impact on Northern imports from abroad.

85 posted on 09/30/2014 5:21:27 PM PDT by DoodleDawg
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To: DoodleDawg

You really don’t get it. It also meant British goods would be 38% less. Just do the math.


100 posted on 09/30/2014 7:50:32 PM PDT by trubolotta
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