Nixon Shock
The United States was eager to restore positive relations with France after de Gaulle's departure from office. New US President Richard Nixon and his top adviser Henry Kissinger admired Pompidou; the politicians were in agreement on most major policy issues. The United States offered to help the French nuclear programme. Economic difficulties, however, arose following the Nixon Shock and the 1973–75 recession, particularly over the role of the American dollar as the medium for world trade.