The Walker Tariff was a set of tariff rates adopted by the United States in 1846. Enacted by the Democrats, it made substantial cuts in the high rates of the "Black Tariff" of 1842, enacted by the Whigs. It was based on a report by Secretary of the Treasury Robert J. Walker. The Walker Tariff reduced tariff rates from 32% to 25%. Coinciding with Britain's repeal of the Corn Laws, it led to an increase in trade and was one of the lowest tariffs in American history. Adoption Democrat James Polk was elected President in 1844 over Henry Clay, a Whig who advocated a high tariff. President Polk declared that reduction of the "Black Tariff" would be the first of the "four great measures" that would define his administration. He directed Walker to work out the details. In 1846, Polk delivered Walker's tariff proposal to Congress. Walker urged its adoption to increase commerce between the US and Britain. He also predicted that a reduction in tariff rates would stimul
El Walker Tariff fue un conjunto de tasas arancelarias adoptadas por los Estados Unidos en 1846. El Walker Tariff redujo las tasas arancelarias del 32% al 25%. Coincidiendo con la abolición de las leyes del maíz por parte de Gran Bretaña, provocó un aumento en el comercio y fue uno de los aranceles más bajos en la historia de Estados Unidos. Adopción Demócrata James Polk fue elegido presidente en 1844 sobre Henry Clay, un Whig que abogaba por una tarifa alta. Polk declaró que la reducción de la "tarifa negra" sería la primera de las "cuatro grandes medidas" que definirían su administración. He instruyó a Walker a elaborar los detalles. En 1846, Polk entregó la propuesta arancelaria del Congreso de Walker a Walker.