The Impact of Trade Protection Policies on the Macroeconomy

DOI

10.2991/978-94-6463-874-5_55How to use a DOI?

Keywords

Trade Protectionism; Macroeconomy; European Union

Abstract

Against the backdrop of the deepening development of economic globalization, trade protectionism has gradually risen and become an important destabilizing factor affecting global economic development. This paper focuses on the impact of trade protection policies on the macroeconomy. By combining theoretical analysis with case studies, this paper takes the EU’s anti-subsidy investigation on Chinese electric vehicles as a typical case to deeply analyze the impact mechanism of trade protection policies. The study found that the rise of trade protectionism stems from multiple factors such as economic, political, and social factors. Although trade protection policies have a stimulating effect on some macroeconomic indicators in the short term, they will undermine the competitiveness and innovation of the economy in the long run, hinder economic growth, undermine the international trade order, disrupt the industrial chain, and hurt employment. In the face of trade protectionism, the international community needs to strengthen cooperation and maintain the free trade order through multilateral consultations. Countries should also accelerate industrial upgrading and transformation to jointly promote the stable development of the global economy.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yangyang Yu
PY  - 2025
DA  - 2025/11/03
TI  - The Impact of Trade Protection Policies on the Macroeconomy
BT  - Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)
PB  - Atlantis Press
SP  - 469
EP  - 478
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-874-5_55
DO  - 10.2991/978-94-6463-874-5_55
ID  - Yu2025
ER  -