How the U.S. has used tariffs throughout history — and why Trump is different, economists say
President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.
What the ‘mother of all trade wars' can teach us about U.S. tariffs, according to economists
Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
The Tariff Football And Income Tax History
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
Using Tariffs to Try to Turn Canada into American State Backfired in the Past
Instead of compelling Canada to become an American state, the 1890 McKinley Tariff drove Canada into British hands.
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Trump Declares National Emergency to Impose Tariffs on Chinese Origin Products, Defers Tariffs on Canadian and Mexican Products
On Saturday, February 1, 2025, the Trump Administration initially announced U.S. import tariffs on Canadian, Chinese, and Mexican origin products. These tariffs would have subjected many Canadian ...
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How the U.S. has used tariffs through history — and why Trump is different, economists say
Since then, the U.S. has used tariffs to achieve three broad goals, said Douglas Irwin, an economics professor at Dartmouth College and past president of the Economic History Association.