Frank Cain
eBook, ePUB

Economic Statecraft during the Cold War (eBook, ePUB)

European Responses to the US Trade Embargo

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Discussing a rarely researched aspect of the Cold War, this volume uses new material to examine how the United States trade embargo on the Soviet Union and communist China severed relationships with Europe, particularly focusing on Great Britain.In the late 1940s, the US government stopped nearly all exports to the entire Sino-Soviet bloc in the belief that it would hinder the expansion of Soviet and Chinese military potential. To continue receiving the US Marshall Aid, European countries had to impose similar bans, but were reluctant because their trade links with the USSR and its satellite c...

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