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Tariffs didn’t bring manufacturing jobs back to the US

Decoder with Nilay Patel

Published
July 27, 2026
Duration
1h 11m
Summary source
description
Last updated
Aug 19, 2026

Discusses Evan Smith, cofounder and CEO of Altana, was last on the show in early 2025 to talk about how Trump’…

Summary

Evan Smith, cofounder and CEO of Altana, was last on the show in early 2025 to talk about how Trump’s first few waves of tariffs were starting to affect global trade. It was a very alarming and also very illuminating chat; Evan and I got into the existential weeds of international relations and economics almost immediately. A year and a half later, and ev…

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Show notes

Evan Smith, cofounder and CEO of Altana, was last on the show in early 2025 to talk about how Trump’s first few waves of tariffs were starting to affect global trade. It was a very alarming and also very illuminating chat; Evan and I got into the existential weeds of international relations and economics almost immediately. A year and a half later, and everything is somehow even more chaotic than it was the last time Evan and I talked — and that’s true about both trade and also the world of runn

Tariffs didn’t bring manufacturing jobs back to the US | Decoder with Nilay Patel | Vagelintel