USA HISTORY

Detailed explanation-1: -The embargo hurt the United States as much as it did Britain and France. Britain, expecting to suffer most from the American regulations, built up a new South American market for its exports, and the British shipowners were pleased that American competition had been removed by the action of the US government.

Detailed explanation-2: -The embargo was an unpopular and costly failure. It hurt the American economy far more than the British or French, and resulted in widespread smuggling. Exports fell from $108 million in 1807 to just $22 million in 1808.

Detailed explanation-3: -The act was a hardship on U.S. farmers as well as on New England and New York mercantile and maritime interests, especially after being buttressed by harsh enforcement measures adopted in 1808. Its effects in Europe were not what Jefferson had hoped.

Detailed explanation-4: -American president Thomas Jefferson (Democratic-‐Republican party) led Congress to pass the Embargo Act of 1807. Effects on American shipping and markets: Agricultural prices and earnings fell. Shipping-related industries were devastated.

Detailed explanation-5: -Jefferson’s Embargo Act outlawed trade between America and any foreign port, effectively closing in the American economy. The Embargo Act was one of the major factors leading up to the War of 1812 as it ended up increasing the hostilities that already existed between America and Britain.