On April 16, 1921... An early morning severe weather outbreak produces 5 tornadoes across Middle Tennessee, primarily along a path from Giles to Cannon County. All are classified as F2. A total of 4 fatalities are reported, with another 41 injuries.
Protective tariff. Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry.[1] Tariffs are also imposed in order to raise government revenue, or to reduce an undesirable activity (sin tax).
A tariff is a tax imposed on the import or export of goods.1 In general parlance, however, it refers to import duties charged at the time goods are imported. Tariffs have three primary functions: to serve as a source of revenue, to protect domestic industries, and to remedy trade distortions (punitive function).