USA HISTORY

Detailed explanation-1: -The Embargo Act of 1807 was a law passed by the United State Congress and signed by President Thomas Jefferson on December 22, 1807. It prohibited American ships from trading in all foreign ports.

Detailed explanation-2: -On March 12, 1808, Congress passed and Jefferson signed into law yet another supplement to the Embargo Act. It prohibited for the first time all exports of any goods, whether by land or by sea. Violators were subject to a fine of $10, 000, plus forfeiture of goods, per offense.

Detailed explanation-3: -Embargo Act, Legislation by the U.S. Congress in December 1807 that closed U.S. ports to all exports and restricted imports from Britain. The act was Pres. Thomas Jefferson’s response to British and French interference with neutral U.S. merchant ships during the Napoleonic Wars.

Detailed explanation-4: -The British responded by issuing orders in council (November 11, 18, and 25 and December 18, 1807) that imposed a blockade on Napoleonic Europe. In the midst of that economic vise was the neutral United States. With no significant navy, Napoleon was forced to confine his efforts to U.S. vessels in French ports.

Detailed explanation-5: -Economically, the embargo devastated American shipping exports and cost the American economy about 8 percent in decreased gross national product in 1807. With the embargo in place, American exports declined by 75%, and imports declined by 50%-the act did not completely eliminate trade and domestic partners.