It was the Gilded Age, a time of rapid population growth and transformation from an agricultural economy toward a sprawling industrial system, when poverty was widespread while barons of phenomenal wealth,

In President Donald Trump’s idealized framing, the country thrived in the 1890s, when tariffs were high, but historians say there were other factors.

President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices and isn’t ruling out the possibility of a recession this year.

Former US President Donald Trump dismisses concerns over tariffs and their potential economic impact, relying on 19th-century protectionist ideals. Meanwhile, shifts in US policy regarding asylum-seeking apps and international aid under his administration are drawing both criticism and support,

President Trump idealizes the Gilded Age, emphasizing high tariffs and low interest rates to stimulate the economy. He praises President McKinley's tariff policies, despite experts noting the era's inequality and corruption.

US President Donald Trump has dismissed business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners, as well as the prospect of higher prices. The US leader is also not ruling out the possibility of a recession this year.

It was a time of rapid population growth and transformation from an agricultural economy toward a sprawling industrial system, in which poverty was widespread while barons of phenomenal wealth held tremendous sway over politicians who often helped further grow their financial empires.