CHRONOLOGY OF FOREIGN POLICY-RELATED U.S. TRADE ACTIONS
1765
When Great Britain imposed the
Stamp Act on American colonies as a revenue measure, the colonies
boycotted British goods; Britain repealed the Stamp Act the next
year.
1767-1770
When the British Parliament
passed the Townshend Acts taxes to pay for the salaries of judges
and officials, the colonies reacted by boycotting English goods.
Parliament repealed the taxes except that on tea. The tea tax
was the pretext for the "Boston Tea Party," in which, on December
16, 1773, colonists dressed as Indians boarded three British
ships and emptied chests of tea in Boston Harbor.
December 1774
The First Continental
Congress, a convention of delegates from the American colonies,
outlawed exports of goods to Britain, establishing the first
American export controls.
1807
After three Americans were killed
when a British warship attacked a U.S. frigate, U.S. President
Thomas Jefferson closed down the U.S. market with the Embargo
Act, which prohibited U.S. ships from leaving for foreign ports,
foreign ships from carrying U.S. goods out of U.S. ports, and
coastal shippers from diverting their cargoes to foreign ports.
1808
The U.S. Congress passed
subsequent embargo acts to close loopholes in the original
legislation. The Enforcement Act (January 9, 1809) increased the
punishments for evading the law, but failed in stopping French
and British attacks on U.S. merchant vessels carrying goods to
Europe.
1809
Under pressure, Jefferson
repealed the Embargo Act. Successive nonintercourse acts (1809,
1810) reopening American ports to ships of all nations except
Britain and France failed to accomplish their goals.
1812
On April 4, Congress passed
another embargo act, which imposed a 90-day moratorium on all
trade between the United States and Britain as relations between
the two countries worsened. The act had little effect before it
was superseded June 18, 1812, by a U.S. declaration of war on
Britain.
1861-1865
During the Civil War between
the northern and southen U.S. states, the North, with its far
superior resources in seapower, railroads, production of iron,
and munitions, imposed a blockade against the South that
gradually tightened and then stopped the import of foreign goods
to the southern states.
1898
In the Spanish-American War, the
United States maintained a naval blockade of Cuba while native
insurgent forces harassed Spanish troops on the island. A
concurrent blockade of the Philippines was intended to deny Spain
revenues from that colony.
1914-1918
During World War I, the
United States imposed sanctions against Japanese shipping. U.S.
steel was released to Japan only in exchange for immediate
delivery of ships for the Atlantic war effort.
1938-1947
Britain and the United
States levied controls against Mexico to settle the expropriation
of the oil industry by Mexican President Lazaro Cardenas and
against Japan (1940-41) to force its withdrawal from Southeast
Asia. The embargo against Japan (effective October 1940) also
included freezing assets (beginning July 1941).
1939-1945
During World War II, the
Alliance Powers placed economic sanctions first against Germany
and then on Japan. The United States also placed sanctions
against Argentina in an attempt to eliminate the Nazi influence
there and destabilize the Peron government.
1948-1949
The United States levied
economic controls against the Netherlands to persuade that
country to recognize the independence of its colony Indonesia.
1949-1970
The United States imposed
sanctions on China in retaliation for its takeover and subsequent
assistance to North Korea and its human rights violations.
1950-present
The United States leveled
economic sanctions , which continue today, against North Korea,
for its attack on South Korea. An arms agreement with North
Korea in October 1994 allowed a partial lifting of the sanctions
in exchange for a Korean commitment to freeze its nuclear
capability.
1951-1953
With the United Kingdom, the
United States imposed sanctions on Iran to press for reversal of
Iran's nationalization of oil facilities and to destabilize the
Mohammad Mussadiq government, which was overthrown in 1953.
1954-1994
The United States, in a
joint effort with South Vietnam, imposed sanctions on North
Vietnam to impede its military effectiveness. President Clinton
lifted the embargo against the unified Vietnam in 1994.
1956-1962
The United States imposed
sanctions on Laos to destabilize the leftist governments of both
Prince Souvanna Phouma and General Phoumi and to prevent
Communist takeover.
1960-present
The United States banned
economic and military aid to the Cuban dictatorship of Fidel
Castro, the first of numerous sanctions. In 1992, Congress
passed the Cuban Democracy Act, which tightened the 1960 embargo
by prohibiting foreign-based subsidiaries of U.S. companies from
trading with Cuba. In 1996, Congress passed the Libertad Act
(the "Helms-Burton Act"), which imposes U.S. sanctions on
third-country companies investing in Cuba.
1965-1979
In its first use of economic
sanctions, the UN Security Council banned exports of oil and of
other commodities to southern Rhodesia (now Zimbabwe) to prevent
white settlers from seizing control of the country.
1973-present
The United States imposed
sanctions against Libya to protest dictator Muammar el-Qaddafi's
support of terrorist groups in the Middle East. The sanctions
were later strengthened to an embargo on all trade and a freeze
on Libyan assets.
1979-present
The administration of U.S.
President Jimmy Carter froze Iranian assets in the United States
after revolutionary forces took Americans hostage in Teheran.
Sanctions were expanded in 1981 into a broad trade embargo to
curtail
Iran's support of international terrorism. The trade embargo was
lifted in 1981 after the hostages were released. The United
States reimposed sanctions against Iran in 1995 and 1996.
1986-1991
The Comprehensive
Anti-Apartheid Act, passed over President Ronald Reagan's veto,
banned new investments and bank loans to South Africa and
prohibited bilateral trade in a number of goods. The United
States worked with France, the United Kingdom, and Germany, all
participants in sanctions against South Africa, in an action that
was widely credited with bringing down apartheid. In July 1991,
President George Bush lifted sanctions against the country after
political reforms were introduced.
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SOURCES: Congressional Quarterly; Institute
for International Economics