History & Area Studies / Thematic History / Economic History & Industrialization
Britain's Secret Trade War: How Tariffs Reshaped the Empire in the 1930s
In the 1930s, Britain abandoned free trade and built a protectionist fortress around its Empire. This video reveals the shocking truth: 70% of the imperial trade shift was not inevitable—it was engineered by deliberate tariffs and quotas. Using 258 product categories from 42 countries, researchers prove that policy, not history, redrew global trade lines. Discover how invisible quotas acted like a 25% tax, why raw materials were 17 times more sensitive to tariffs, and what happens when a nation turns inward. Based on a study by Alan de Bromhead, Alan Fernihough, Markus Lampe, and Kevin Hjortshøj O'Rourke.
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