Tariffs (thread 3), Episode 14: Nixon’s Tariff Playbook: The Original Trade Populist

This episode explores the 1971 "Nixon Shock," why Nixon believed America was getting a bad deal from its trading partners, and where his approach overlaps—and sharply diverges—from modern tariff politics.

Along the way, we examine the collapse of Bretton Woods, the politics of economic decline, and why Nixon viewed tariffs as a strategic bargaining tool rather than a permanent economic philosophy.