Former President Donald Trump is digging deep into the history books for guidance on tariffs, which have become one of his ...
New research shows how taxing imports a century ago hurt productivity, increased costs and invited corruption.
Trump is drawing on "incomplete and superficial" history to back up his trade policies, according to a former White House official.
But which McKinley does he mean? The raw congressman from Ohio behind the McKinley Tariff Act of 1890, which lifted average ...
The high tariffs that McKinley favored protected American industries and were the greatest source of government income. The passage of the Dingley Tariff Act gave the president authority to ...
and his endeavors ultimately culminated in the Tariff Act that bears his name. McKinley left Congress for the Ohio governor’s office in 1891 after winning the election over the incumbent.
The word “tariff” may or may not be a beautiful word, but the impact of Donald Trump’s extreme tariff policies on consumers will only lead to a higher cost of living here and the global ...
“[McKinley’s] language was really beautiful ... Republicans infamously passed the Smoot-Hawley Tariff Act in 1930, which implemented some of the highest import levies in U.S. history.
But which McKinley does he mean? The raw congressman from Ohio behind the McKinley Tariff Act of 1890, which lifted average tariffs to a 19th century high of 52pc and pushed the economy into ...