Archive, 1922: US isolation and its impact on Europe

US President Warren Harding throwing baseball at Washington game in the early 1920s. Photograph: Niday Picture Library/Alamy

During the 1920 US presidential election, Warren G Harding campaigned with the slogan “return to normalcy” – a return to how things were before the first world war. This included deregulation and isolationism. He won with a decisive victory and in 1922 introduced the Fordney-McCumber Tariff, a law that raised American tariffs on many imported goods.

America and Europe