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The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890. [1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as ...
On the campaign trail, Trump specifically touted the 1890 McKinley Tariffs as a model to emulate, ... Shortly after President Benjamin Harrison signed the tariff bill on Oct. 1, 1890, schedule L ...
William McKinley (January 29, 1843 – September 14, 1901) was the 25th president of the United States, serving from 1897 until his assassination in 1901. As a member of the Republican Party, he led a realignment that made Republicans largely dominant in the industrial states and nationwide for decades.
Democrats campaigned energetically against the high McKinley tariff of 1890, and scored sweeping gains that year; they restored Cleveland to the White House in 1892. The severe depression that started in 1893 ripped apart the Democratic party. Cleveland and the pro-business Bourbon Democrats insisted on a much lower tariff. His problem was that ...
The "McKinley Tariff of 1890" was even named after him. Now, Trump wants to return America to McKinley's era, with tariffs at the center of government policy and the US budget.
A stagnant economy which became worse after the Panic of 1890, combined with a lack of support for then-Representative William McKinley's (defeated in the election) steep tariff act, which favored large industries at the expense of consumers, led to a sharp defeat for Harrison's Republican Party, giving a large majority to the Democratic Party ...
Mt. McKinley in Alaska is the former name of the highest peak in North America. It was officially renamed Denali, as the nearby Indigenous population called it, under President Obama in 2015.
The act was enacted in tandem with the McKinley Tariff of 1890. William McKinley, an Ohio Republican and chairman of the House Ways and Means Committee, worked with John Sherman to create a package that could both pass the Senate and receive the President's approval.