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).
The United States introduced this type of duty in the 1920âs and 1930âs. Prohibitive tariffs are a variety of protective tariff with very high rates, which can amount to 30 percent and more of the price of the article and sometimes can even exceed the price of the article.or example, in the first Customs Tariff of the Land of the Soviets (1922), protective tariffs were applied to the products of sectors, such as the leather and cotton-textile industries, that were being rebuilt after the devastation of the war years.