GLOBALIZATION
New Economy Short Cut: From Smoot-Hawley to Trump?
In this Short Cut, we talk with Kirsten Wandschneider and Carl-Ludwig Holtfrerich about what we can learn from the 1930s about trade wars.
PUBLISHED
3. JUNE 2025
A look at history shows that aggressive tariff policies can have devastating consequences. In the 1930s, a number of governments reacted to the US Smoot-Hawley tariffs with drastic countermeasures. Global trade collapsed – and the global economic crisis worsened dramatically.
Does Donald Trump’s aggressive course threaten a similar catastrophe today? What lessons can be learned from history?
We explore this in our next New Economy Short Cut From Smoot-Hawley to Trump? What we can learn about trade wars from the 1930s with Kirsten Wandschneider, University of Vienna and Kiel Institute Fellow, and Carl-Ludwig Holtfrerich, historian, on June 04, 2025 at 14:00 CEST via Zoom.
Click here for registration.