The British East India Company Tea Trade

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The British East India Company Tea Trade In a royal charter granted by Queen Elizabeth I, a group of ambitious Englishmen created something they never could have fathomed the lasting effects of. The British East India Company was much more than a means of trade, it brought countries together and it tore them apart. It sustained a powerful empire and brought corruption where corruption never existed. Trade was the prerogative but power was the motive. The British East India Company serves as a paradigm for centuries to come not only in terms of international trade but also globalism, exploitation, and transition of power between countries. The infamous tea trade started in 1604 with the first British East India Company import of tea from China. The British rapidly acquired a taste for Chinese tea and within just years of tea hitting the market, the British could not get enough. This proposed a couple of problems for the BEIC. The first being, the lower class of Britain could not afford the tea due to high tariffs imposed on the luxury good so they started smuggling it in to Britain. Soon thereafter, the trend of smuggling tea into the docks Britain grew exponentially. Since smuggling was drastically hurting the profits of the BEIC simply because people were getting around the tariffs so easily, they looked elsewhere for profits. The BEIC was granted permission by the throne to export tea directly to their colonies in America. In doing so, Britain put outrageous tariffs on
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