Protectionist policies in international trade first emerged with mercantilist current. On the basis of protectionist policies, exports are more than imports, and there is a loss of wealth from the country. Protectionism, which has emerged as a reflection of the colonialist concept, has been replaced with free trade by classical economics. While conservative policies are implemented periodically, the functioning of the capitalist system in general is based on free trade. Particularly after the Second World War, the world economy and trade system entered into an intense liberalization process. However, after the global crisis of 2008, protectionist policies in international trade began to be re-implemented and an intense trade war broke out. In the past, protectionist policies were preferred after the global economic crises. After the Great European Depression and the 1929 crisis, there was intense protectionism. Remarkable point is the global economic downturn after the economic crises and the protectionist policies implemented and the process to go into hot conflict. There is a possibility that the process will repeat as in the past. In fact, history consists of repetition…
