In his inaugural address President Trump called President William McKinley (1897-1901) “great” and proudly announced that he had changed the name of Mount Denali in Alaska back to Mount McKinley. The reason the president picked McKinley of all past presidents to heap praise upon is that McKinley was a lifelong political tool of big business, primarily Northern state manufacturers who championed protectionist tariff taxes so rabidly that he was called “the apostle of protectionism” and “the Napoleon of protectionism.”
President Trump’s election is said to be a “populist” victory against the deep state establishment, but there is nothing more anti-populist than protectionist tariff taxes. Protectionist tariff taxes are nothing more than a price-fixing conspiracy orchestrated by the state that enriches a relatively small group of politically connected corporations (and their unions) by plundering their consumers with higher prices. After all, if it is possible to use tariffs to force foreigners to pay a county’s taxes, every government on earth would be doing it. Yet President Trump apparently believes that he has discovered some kind of holy grail of economics that proves you can get something for nothing after all.Brion McClanahan
Hellbound and Down 
Trump’s ultimate goal is to bring manufacturing back from Asia to the United States. The US has no hope of repaying its debt or rebuilding infrastructure or reducing poverty or competing with highly industrialized China and Russia without rebuilding its industry. And without the support of protective tariffs, the US has no hope rebuilding fledgling industries. The WEF and global oligarchs don’t want this to happen, and it’s no surprise to me that the Mises Institute (the original author) come down on their side.
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