Events tagged with "foreign trade"

Historical Events tagged with "foreign trade"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Politics & Government

Congress Passes the Embargo Act of 1807

December 22nd, 1807 217 years ago

The Embargo Act was a law passed by the U.S. Congress to prohibit trade with foreign nations. Urged by President Thomas Jefferson, it aimed to protect American interests amid increasing tensions with Britain and France. The Act sought to maintain neutrality while also putting economic pressure on both nations. However, its broad restrictions affected American merchants and led to significant domestic opposition, particularly in New England.