The Capitalism and Freedom in the Twenty-First Century Podcast cover image

Tariffs and US Trade Policy History with Douglas Irwin (Dartmouth Economics Professor)

The Capitalism and Freedom in the Twenty-First Century Podcast

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Trade Dynamics Post-WWII: Balancing Global Powers

This chapter explores the evolution of trade relations following World War II, focusing on the emergence of economic blocs and the formation of GATT amidst Cold War tensions. It analyzes the shifting U.S. trade policies toward China over the years, examining the impact of tariffs on both domestic industries and international relations. The conversation concludes with reflections on national security considerations shaping trade approaches, particularly in light of recent geopolitical challenges.

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