One of the mysteries of the English language finally explained.
Legislation sponsored by McKinley and enacted in 1890, creating a tariff which imposed high duties on many imports to the United States; the tariff itself.
Late 19th century; earliest use found in The New Englander. From the name of William McKinley, U.S. Republican politician, Governor of Ohio, and U.S. President, who sponsored the legislation + tariff.
McKinley tariff/məˈkɪnli ˌtarɪf/
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