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Tariffs Did Not Make America Great And Won’t Make America Great Again

Summary by Tippinsights
By Joshua Mawhorter, Mises Wire | May 02, 2025 Several times President Donald Trump has made the claim that tariffs, especially during the McKinley era, made America wealthy; so wealthy, in fact, that the government did not know what to do with the money. Here are some representative quotes in his own words, You know, years ago, 1870 to 1913, we didn’t have an income tax. What we had is tariffs. Where foreign countries came in and they stole our…

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tippinsights broke the news in on Tuesday, May 6, 2025.
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