Trump praises tariffs and McKinley in economic vision speech

In a recent address at the Economic Club of New York, former President Donald J. Trump outlined his vision for the U.S. economy, drawing inspiration from the late 19th century. He emphasized the importance of tariffs, referencing the policies of President William McKinley, whom he described as underrated. Trump argued that protective tariffs could revitalize the economy and improve the lives of American families, particularly those struggling with rising costs and complex supply chains. During his speech, Trump acknowledged that his proposals, including a 15 percent corporate tax rate for domestic manufacturers, might not align with the interests of global finance leaders present. He framed his economic approach as 'common sense' and 'America First,' suggesting that tariffs could address various economic challenges, including those faced by middle-class families. The former president's remarks came at a time when many are concerned about the state of the economy, which he characterized as nearing collapse. By advocating for a return to protectionist policies, Trump aimed to resonate with his base and those who feel left behind by globalization. Overall, Trump's speech was a blend of nostalgia for past economic policies and a call to action for a new economic strategy that prioritizes American interests. His focus on tariffs and domestic manufacturing reflects a broader trend of economic nationalism that has gained traction in recent years.