The decline in U.S. tariffs between 1944 and 1950 was driven by inflation (accounting for roughly two-thirds of the decline) and tariff reductions negotiated at the first GATT conference in 1947 (accounting for one-third).

Authors

• Person: Not available Organization: Wikipedia
  History of tariffs in the United States - Wikipedia

Sources

• History of tariffs in the United States - Wikipedia en.wikipedia.org Wikipedia via serper

Referenced by nodes (2)

• General Agreement on Tariffs and Trade concept
• inflation concept