The David McWilliams Podcast

Trump, Tariffs & the Gold Rush: The McKinley Playbook


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What do Donald Trump and William McKinley have in common? More than you might think. In this episode, we dig into the economic and political legacy of America’s 25th president, the so-called Napoleon of Tariffs, and explore why Trump sees him as a role model. From trade wars to big business alliances, McKinley reshaped America’s economic landscape through protectionism and expansionism, laying the groundwork for the country’s rise as a global power. But his presidency also triggered a powerful counter reaction, one that led to the breakup of monopolies, progressive reform, and a seismic shift in U.S. politics under his unexpected successor, Teddy Roosevelt. How does McKinley’s era mirror today’s America? What lessons does his legacy hold for Trump’s economic vision? And how did a single gold discovery in the Yukon change everything? Tune in as we trace the hidden connections between past and present in America’s political and economic supercycle.

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The David McWilliams PodcastBy David McWilliams & John Davis

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