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    Artwork for Decoder with Nilay Patel
    Episode

    Tariffs didn’t bring manufacturing jobs back to the US

    Decoder with Nilay Patel · Jul 27, 2026 · 1 h 12 min

    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…

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