economic nationalism

[ek-uh-nom-ik nash-uh-nl-iz-uhm, nash-nuh-liz-, ee-kuh-]

noun

1. a protectionist ideology that prioritizes national self-sufficiency and security, typically advocating tariffs and other legislation to resist foreign investment and ensure that international trade results in a trade surplus and military advantage.

Word History and Origins

Origin of economic nationalism¹

First recorded in 1910–15

Example Sentences

Experience proves that policies motivated by economic nationalism are all pain and no gain.

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Although Perlstein argued that Carter's progressive energy programs were motivated more by economic nationalism than environmentalism, they still would have included the essential environmental regulations humanity needs.

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In her letter, Freeland accused Trudeau of choosing "costly political gimmicks" over addressing the threat posed by Trump's "aggressive economic nationalism".

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After campaigning in 2020 against the broad-based and damaging tariffs Trump imposed, President Biden maintained and even expanded U.S. trade restrictions and other forms of economic nationalism.

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The motivation for such consistency, however, was in large part political: It was an open secret in Washington that Biden’s advisors, needing “Rust Belt” votes to win reelection and facing a vocally protectionist opponent in Trump, viewed economic nationalism as the only viable approach.

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