Impact
The impact of the 1842 tariff was felt almost immediately through a sharp decline in international trade in 1843. Imports into the United States nearly halved from their 1842 levels and exports, which are affected by overall trade patterns, dropped by approximately 20%.
The Tariff of 1842 was repealed in 1846, when it was replaced by the Walker Tariff. The Whigs' loss of Congress and the presidency in 1844 facilitated a Democratic-led effort to reduce the rates again. Concerns that the Black Tariff's high rates would suppress future trade and customs revenue with it fueled the movement to repeal the act.
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