‘The limits of international leadership’: The Eisenhower administration, East‐West trade and the cold war, 1953–54

Abstract

This article examines the Eisenhower administration's trade policy towards the Soviet Union in 1953–54. It argues, contrary to previous scholarship on the subject, that the liberalization of East‐West trade controls in August 1954 cannot be attributed solely to the presidential leadership of Dwight D. Eisenhower. Instead, whilst Eisenhower played a significant role in changing American embargo policy, it was the Churchill government which provided the impetus required for the revision of the international export control lists. Despite conflict and confrontation over the shape and contents of the new embargo between Washington and London, the two governments forged a compromise in the summer of 1954.