Thu, 05 Jun 2025
From McKinley to Trump, the rise, fall and rise again of US tariffs.
US Tariffs Have Undergone Significant Changes Over Time
- The introduction of tariffs by President William McKinley marked the beginning of their use as a trade policy tool.
- These early tariffs were gradually reduced and then lifted in the mid-20th century under various administrations, including those led by Presidents Kennedy and Nixon.
- However, with the election of Donald Trump, the trend reversed.
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