Trade policies have significant implications for domestic industries. Favorable trade agreements can enhance access to international markets, enabling industries to expand and become more competitive globally. Conversely, protectionist measures, such as tariffs and quotas, may shield domestic businesses from foreign competition, but can also lead to higher prices for consumers and potential trade retaliation. Moreover, the impact of trade policies often extends to job creation and sectoral shifts within the economy. As businesses adapt to changing global markets, understanding trade policy's nuances is essential for maintaining economic stability and growth.