In a move that further solidifies his commitment to “make America great again,” President Donald Trump signed a series of executive orders inspired by the Gilded Age of the late 19th century. This period in American history, characterized by immense wealth and industrial expansion, saw the rise of tariffs on imports as a main source of revenue for the Treasury.
Trump’s decision to implement higher tariffs on imports has raised concerns among US allies, reflecting his desire to emulate the economic policies of the Gilded Age. The era, known for its lack of personal income tax and reliance on border duties, has served as a model for Trump’s administration.
Drawing inspiration from William McKinley, a Republican president who was known as “Tariff Man” and whose presidency marked the end of the Gilded Age, Trump quoted McKinley approvingly in a recent speech to Republican members of Congress. This move further highlights Trump’s admiration for the economic policies of this bygone era.
As Trump continues to push for policies that harken back to the Gilded Age, critics fear that his emphasis on tariffs and protectionist measures may have negative repercussions on the global economy. However, supporters applaud his efforts to prioritize American interests and revive the country’s industrial prowess.
With these latest executive orders, Trump is making it clear that he intends to reshape America’s economic landscape by drawing from the successes of the past. As the country navigates through uncertain times, it remains to be seen how Trump’s embrace of Gilded Age policies will impact the nation’s future.
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Video “LIVE: Donald Trump signs more executive orders” was uploaded on 01/31/2025 to Youtube Channel The Times and The Sunday Times