Categorie: Tutti - trade - neutrality

da Patrick Sperandeo mancano 12 anni

395

The Embargo Act/ Suppression of American Trade/Impressment

The Embargo Act significantly disrupted American overseas trade, leading to financial difficulties across the United States. The British capitalized on this by continuing to export goods to America, exacerbating the economic downturn.

The Embargo Act/ Suppression of American Trade/Impressment

The Embargo Act/ Suppression of American Trade/Impressment

Jefferson

The British ultimately feared Jefferson more than Napoleon, who had opened trade to British shipping
He hoped to pressure France and Britain into respecting American neutrality
Jefferson advocated the embargo as a mean of "peaceful coercion"

British Rule of 1756

Americans response to the Rule was the "broken voyage", by which American vessels would carry sugar from the French to American ports and then reexport it as American produce
France usually restricted the sugar trade to French ships during peacetime
Any trade closed in peacetime could not be reopened during the war.

Impact on US

Financial disaster for the Americans because the British were able to export goods to America
All areas of the US suffered
The Embargo effectively throttled American overseas trade