Editing Embargo Act of 1807 (section)

==Impact on US trade==
[[Image:Embargo_Act_teapot.jpg|thumb|upright|Engraved teapot encouraging support for the Embargo:  Encircling the lid is "Jefferson and the Embargo". On one side is "Mind your business" and on the other is "Prudence is the best Remedy for hard times".]]
[[File:GROWTH1850.JPG|thumb|The economical impact of the embargo can be seen from this graph showing growth of the U.S. economy.]]

The embargo had the dual effect of severely curtailing American overseas trade, while forcing industrial concerns to invest new capital into domestic manufacturing in the United States.<ref name="Rantakari">[http://web.mit.edu/heikki/www/antebellum_tariff_draft1.pdf] Rantakari, Heikki, 'The Antebellum Tariff on Cotton Textiles 1816-1860: Consolidation', 4 April 2003, retrieved 5 April 2023</ref>  In commercial New England and the Middle Atlantic, ships sat idle. In agricultural areas, particularly the South, farmers and planters could not sell crops internationally. The scarcity of European goods stimulated American manufacturing, particularly in the North, and textile manufacturers began to make massive investments in cotton mills.<ref name=Rantakari/> However, as Britain was still able to export to America particularly through [[British North America|Canada]], that benefit did not immediately compensate for present loss of trade and economic momentum.<ref name=malone>{{cite book |last=Malone |first=Dumas |author-link=Dumas Malone |title=Jefferson the President: The Second Term |location=Boston |publisher=Brown-Little |year=1974 |isbn=0-316-54465-5 |url-access=registration |url=https://archive.org/details/jeffersonhistime0000malo }}</ref> A 2005 study by the economic historian [[Douglas Irwin]] estimates that the embargo cost about 5% of America's 1807 [[gross national product]].<ref>{{Cite journal|last=Irwin|first=Douglas|author-link=Douglas Irwin|date=September 2005|title=The Welfare Cost of Autarky: Evidence from the Jeffersonian Trade Embargo, 1807–09|url=https://www.dartmouth.edu/~dirwin/docs/Embargo.pdf|doi=10.1111/j.1467-9396.2005.00527.x|journal=Review of International Economics|volume=13|issue=4|pages=631–645|access-date=December 23, 2018|archive-date=December 24, 2018|archive-url=https://web.archive.org/web/20181224093506/http://www.dartmouth.edu/~dirwin/docs/Embargo.pdf|url-status=dead}}</ref>

Miniature teapots were manufactured, engraved with slogans intended to bolster flagging popular support for the Embargo Act.{{citation needed|date=August 2022}}