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History Extra podcast

Tariffs and trade wars: a history of economic warfare

History Extra podcast

Immediate Media

History

4.34.5K Ratings

🗓️ 1 April 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Trade wars and tariffs have once again been making headlines in recent weeks, as US president Donald Trump's government adopts combative economic policies. But are such approaches really that unusual? Speaking to Matt Elton, Frank Trentmann looks back at centuries of economic warfare – and reveals the historical factors that have sparked it. The HistoryExtra podcast is produced by the team behind BBC History Magazine. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Get out into the garden this spring with a subscription to BBC Gardner World magazine.

0:05.6

Subscribe today and you'll receive our two-for-one gardens entry card and guide with your May issue.

0:11.7

Visit gardenersworld.com forward slash subscribe.

0:15.9

Before we kick off this week's History Extra podcast, we want to tell you a little bit about our sponsor,

0:21.3

the charity Guide Dogs. You might know Guide Dogs for its life-changing pooches, but did you know,

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it also offers a range of other services for children and adults with sight loss. In fact,

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from developing new hobbies to pursuing their dream career. Find out how you can support guide dogs

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incredible work at guide dogs.org.uk.

0:50.3

Welcome to the History Extra podcast, fascinating historical conversations from the makers of BBC History magazine.

0:59.9

From US tariffs on imports to threats of retaliatory action from other nations, there's been a lot of talk about trade wars in recent weeks.

1:10.1

But can history offer up anything

1:12.2

to enlighten the current situation? Matt Elton caught up with Frank Trentman, Professor of History

1:18.2

at Birkbeck University of London, to find out. Frank, thank you so much for being with me today

1:24.4

to talk about tariffs and trade wars, subjects that have been in the headlines

1:28.3

a lot recently. It's a fast-moving situation. We're not here to talk about the current affairs

1:32.8

side of it, but to look back at some of the history of this. What do you think is the earliest

1:38.2

historical example that comes to mind when you've been reading these headlines?

1:42.3

Well, states have always tried to control what goes in and out of their country,

1:49.0

but it's perhaps worth mentioning in the current context that actually the tariff is the first ever

1:56.1

act of Congress passed by the United States.

...

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