Jim Loscalzo/ZUMA
Donald Trump’s tariffs are wreaking havoc on the global economy while millions of Americans—including some of his own advisors—are furious.
Even as many voters watch their retirement and education savings vacillate wildly, MAGA World maintains the president knows exactly what he’s doing—it’s just “the art of the deal,” they say. But as our new video explainer points out, history tells a very different story.
Trump loves to reference the times in American history when tariff rates were much higher, pledging to usher in a new Golden Age. Trump’s hero, William McKinley, was the epitome of a pro-tariff president, and is a fixture of his speeches. But even a quick look at the facts doesn’t support Trump’s nostalgia for the 1890s.