The Impact of Tariff Protectionism on the Increased Tensions in Modern International Trade

  The article is devoted to the study of the nature and extent of the application of tariffs in modern international trade. In the course of evolution international trade has gradually become freer, and progress in liberalization has been achieved through the multilateral efforts of countries around the world. However, in recent years, arguments have emerged in favor of trade protectionism. The author analyzes several key aspects of the problem under study, in particular, discusses the controversial issues of a return to trade protectionism and the motives for its use by key economies. An important area of research was the consideration of the main modern trends in the liberalization of international trade and exceptions from it. There is a serious differentiation of countries and industries in terms of the scale of tariff protection. The key challenges for global supply chains and markers of increasing tensions in international trade in general, which stem from the preservation of tariff protection, are formulated.