Foreign practice of protecting national interests in foreign trade policy
The article reveals foreign experience in mitigating foreign economic threats to protect national interests of the state using the example of the United States. In the context of increasing challenges in the global arena, it is highly relevant to consider the practices of other states in order to find effective tools to ensure sustainable functioning of the state economy. In the work, the author notes the main external threats to the national interests of the United States and the tools for mitigating them. Thus, every year in America's foreign trade turnover there is a stable trade deficit, generating dependence on foreign suppliers, exerting a negative impact on the production base, and building up advanced production capacities. Increased dependence on foreign manufacturers of goods makes the supply chain of American goods vulnerable to geopolitical disruptions. The work presents the practice of tariff and non-tariff restrictions to protect national interests using the example of such states as the EU, Argentina, Brazil, India, Indonesia and others. The article considers the foundations of the current American policy to combat external challenges and threats, its importance in achieving competitive advantages of the state. The foundations of US tariff protectionism are revealed. Its main advantages and disadvantages are noted.
Authors
- Svetlana Grebenkina (ORCID: https://orcid.org/0000-0002-4376-9026)
Institutions
- Financial University (RU)
Publication Details
- Journal
- Economic problems and legal practice
- Published
- 2025-09-28
- DOI
- https://doi.org/10.33693/2541-8025-2025-21-4-154-158
- Primary Topic
- Global trade and economics
- Type
- article
- Field-Weighted Citation Impact
- 0.00