Chamberlain wanted to introduce a tax on countries for importing their goods.
Britain ran on free trade; Chamberlain branded Britain as a "dumping ground".
He used the argument that Ecomomic powers; Germany and America already used the tax, and that if Britain taxed, it would raise money for social reforms in Britain.
He also believed it would protect home industires from foreign competetion, as foreign goods would be more expensive (protectionism).
The tax would raise food prices, which angered many people, and which is why the reform was so controversal. It divided the government and the conservative party. This meant the government was weak, and portrayed Balfour as weak, therefore his leaderhsip was threatned.
As a compromise, he decided Britain would use tariffs but only with countries that used a tariff on them. The compromise failed to unite the government as it didn't please either side. Baflour resigned as a result in 1905.
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