In today's episode, we delve into the fascinating world of national trade policies and their impact on global markets. We’ll explore key concepts like the infant industry argument, strategic trade theory, and the use of tariffs and non-tariff barriers. With real-world examples like Harley-Davidson's tariff protection and Japan's strategic industrial policies, we’ll uncover how governments balance domestic priorities with global competition. Whether you're curious about export promotion, import substitution, or the dynamics of countervailing duties, this episode delivers actionable insights into the strategies shaping international trade. Tune in to navigate the complexities of trade and policy!