economic nationalism
Domestic industry preference
Economic nationalism is a set of policies favoring domestic industry over foreign competition through tariffs, trade barriers, and protectionist measures.
It prioritizes national self-sufficiency and views trade as zero-sum: The candidate ran on a platform of economic nationalism, promising to bring manufacturing jobs back home.
The term often carries negative connotations among free-trade advocates, suggesting insularity or hostility to global markets.
Shielding local producers
- tariffsTaxes on imports
- import substitutionDomestic production over foreign goods
- trade barriersRestrictions on cross-border commerce
- industrial policyGovernment guidance of production
subsidies · national champions · import quotas · customs duties · currency manipulation · localization · state capitalism · countertrade
Trade policy favoring exports
- anti-globalizationOpposition to worldwide economic integration
- populismPolitics favoring ordinary citizens
- nativismPreference for native-born citizens
- America FirstPolicy favoring national interests
Taxes on imports
- quotasMandated numerical limits
- embargoOfficial prohibition on trade
- trade warRetaliatory economic hostilities
- retaliationPunitive response to injury
antidumping · safeguards · import license · customs · trade deficit · trade surplus · bilateral trade · trade agreement
Independence from outside aid
- autarkyComplete economic independence
- national interestNation's collective welfare priorities
- self-determinationControl over one's fate
- autonomyIndependent decision-making capacity
noninterference · decolonization · food security · energy independence · reshoring · onshoring · nearshoring · decoupling
protectionism
Shielding local producers
- tariffsTaxes on imports
- import substitutionDomestic production over foreign goods
- trade barriersRestrictions on cross-border commerce
industrial policy · subsidies · national champions · import quotas · customs duties · currency manipulation · localization · state capitalism · countertrade · export controls
mercantilism
Trade policy favoring exports
- anti-globalizationOpposition to worldwide economic integration
- populismPolitics favoring ordinary citizens
- nativismPreference for native-born citizens
tariffs
Taxes on imports
- quotasMandated numerical limits
- embargoOfficial prohibition on trade
- trade warRetaliatory economic hostilities
retaliation · antidumping · safeguards · import license · customs · trade deficit · trade surplus · bilateral trade · trade agreement · trade negotiation
self-sufficiency
Independence from outside aid
- autarkyComplete economic independence
- national interestNation's collective welfare priorities
- self-determinationControl over one's fate
autonomy · noninterference · decolonization · food security · energy independence · reshoring · onshoring · nearshoring · decoupling · deglobalization
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- globalizationglobalization, free trade, global village, global trade, multinationals
- nationalismpatriotism, national pride, national sovereignty, national identity, national symbols
- geoeconomicstrade wars, currency wars, sanctions, trade barriers, protectionism
- industrial policyindustrial planning, industrial zones, state aid, state enterprises, state ownership
- mercantilismmercantilism, balance of trade, protectionism, trade balance, national wealth
economic nationalismfree trade
Unrestricted international exchange
open markets · tariff reduction · laissez-faire economics · globalization · free trade agreements
economic nationalismglobalism
Cross-border economic integration doctrine
economic globalization · neoliberalism · Washington Consensus · global capitalism
economic nationalismmultilateralism
Multi-party international cooperation
World Trade Organization · economic union · customs union · common market · Bretton Woods system
economy, economic, nationalism, economics, economize, economist, nationalist, economizing, economists