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Reason
Reason
Matthew Rozsa

Trump vs. Cleveland: A Tale of Two Tariff Strategies

Donald Trump will soon become the second president to serve non-consecutive terms. Naturally, this invites comparison between Trump and the first president to serve non-consecutive terms, Grover Cleveland. In one crucial respect that juxtaposition is both instructive and cruelly ironic.

Trump has made raising tariffs a centerpiece of his economic agenda. Cleveland, by contrast, devoted his career to warning that high tariffs bring a specific and dangerous type of communism to America—a communism of pelf.

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