Ep. 361 | McKinley, Tariffs, and the Open Door Policy
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Just in time for Liberation Day, I'm presenting this timely episode. Back in 1890, with the aim of protecting American companies from foreign competition, tariffs were jacked up significantly. With all the advances in transport, logistics, and new technologies, world trade was shifting into a higher gear. For a few centuries, the Ming and Qing emperors did their damnedest to regulate the invasion of European traders clamoring to do business with Chinese merchants. The foreigners wanted free, open, and unfettered trade with China. By the 1890’s and a few humiliating unequal treaties later, the dream finally came true. That’s when the real problems started. Thanks to Dan Stein for this topic idea we discussed over lunch recently. If you'd like to support the China History Podcast and listen ad-free and get new episodes weeks or months early:
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