What effects did the embargo act of 1807 have in american industry?

The Embargo Act of 1807 was an embargo issued by the United States against Britain and France during the Napoleonic Wars, after it was considered that American neutrality was violated. American merchants had been abducted and the cargo seized. The hard-pressed British fleet had forced American sailors to work on British warships. The United Kingdom and France believed that these looting was necessary for their own survival. The United States referred to the Chesapeake-Leopard affair as an example of British violation of US neutrality.

President Thomas Jefferson acted cautiously. He recommended that the Congress respond with economic warfare rather than military mobilization. The law was signed on December 22, 1807. It was intended - by causing financial hardship for Britain and France - to punish the British and the French, forcing them to leave US shipping in peace, respect US neutrality, and end with forced recruitment. However, the embargo became both diplomatic and financial failure. Instead, the US economy and people were hit hard, both economically and financially.