Economic nationalism is an ideology that emphasizes the importance of domestic industries and the protection of a nation's economy from foreign competition. It advocates for policies that prioritize local businesses, such as tariffs on imports and support for local manufacturing. The goal is to promote self-sufficiency and strengthen the national economy. This approach often involves government intervention in the economy to safeguard jobs and resources. Proponents argue that economic nationalism can lead to greater national security and stability, while critics warn it may lead to trade wars and reduced global cooperation. Examples of economic nationalism can be seen in various countries' trade policies and practices.