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RE: Trade Restrictions Don't Make Sense: Importers And Exporters Are The Same People
Every new regulation is a new cost in the chain of production. All costs are passed along to consumers through higher prices. They are not already "baked in," and changes have drastic effects.
It is true that trade is heavily restricted rather than free, but every new policy ratchets down the controls and further hampers the market.
Hopefully with Trump many of the absurd regulations will be lifted. Global trade practices by many nations is unfair and many do not abide by the rules! I do not like Trump but with trade I think he is right on the money