What was the name of the compromise tariff passed in 1833 that further reduced tariff rates?

The name of the compromise tariff passed in 1833 that aimed to further reduce tariff rates is indeed the Compromise Tariff of 1833. This legislation was a response to the Nullification Crisis, which arose when South Carolina declared that they would not enforce federal tariffs, viewing them as unfairly beneficial to the North at the expense of the South. The Compromise Tariff helped to de-escalate tensions between the federal government and states rights advocates by gradually lowering tariffs over a period of several years, ultimately restoring some degree of harmony and compliance with federal law.

This action was significant as it illustrated the federal government's ability to respond to regional grievances while also maintaining its authority, showcasing the delicate balance between state rights and federal power during this period in American history. The other options presented do not accurately represent the legislation, as there is no legislation known by the alternatives listed, which could create confusion regarding the historical events surrounding this compromise.