Primarily involve imposing tariffs on foreign imports
Intended to increase domestic growth by supporting domestic producers
Tend to fail when trade i i i i i i i i i is balanced because trading partners implement their own tariffs, thus reducing exports
Can be more successful for a country with a significant trade d d d d d d d d d deficit with another
Sometimes can escalate into full on kinetic fighting wars
Often will result in financial crisis (overall the world is not better off with trade wars)
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