Trump's tariff role model

特朗普的关税榜样

The Indicator from Planet Money

商务

2025-02-05

9 分钟
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President Trump speaks fondly of William McKinley, the 25th U.S. president who was a strong advocate for tariffs. He's credited with helping to protect the fledgling tinplate industry in the late 19th century. But did the tariff work? We take a closer look at McKinley's tinplate tariff and if it was worth the cost. Related episodes on tariffs: Trump threatens the grim trigger (Apple / Spotify)Canada's key resource against Trump's possible trade war (Apple / Spotify) Why Trump's potential tariffs are making business owners anxious (Apple / Spotify) Trump's contradictory trade policies (Apple / Spotify) How Trump's tariff plan might work (Apple / Spotify) Worst. Tariffs. Ever. (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • Npr.

  • This is the indicator from Planet Money.

  • I'm Darren Woods.

  • And I'm Waylon Wong.

  • Kristen Carter is the owner of the Busy Beaver button Company in Chicago.

  • She makes pin back buttons.

  • You know, the kind that you might put on your backpack or your jean jacket.

  • And if you wanted to pick a button friendly slogan to describe the company, it could be made in the USA.

  • Like almost everything is within 100 miles.

  • You know, like we try to be as local as possible for everything.

  • So for example, Busy Beaver gets its steel from Indiana.

  • That steel is then sent to Chicago where it's coated with tin that helps.

  • Stop corrosion and rusting.

  • Okay.

  • Is that why you choose it for your buttons?

  • Yeah, that's why everyone uses it.

  • That's the advantage of tin plating.

  • Button makers have been using tin plate for over a century.

  • Kristen also curates the Button Museum in Chicago.

  • And she's got a tin plate button in her collection from 1892.