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

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.

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

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.

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.