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LONDON DAILY ARCHIVE

History Revisited: When Britain Turned to Tariffs to Fund Its Ambitions

An analysis of protectionism’s political legacy

23 July 2025 · 23:38 UTC

A newly published study revisits a pivotal period in British economic history when the country attempted to fund its expansion through foreign tariffs.

The retrospective reveals how the 'Make the Foreigner Pay' strategy backfired economically and politically, offering timely insights into today’s global trade debates.