Regulation and Trade Policy

Regulation and trade policy are tools governments use to manage how goods, services, and businesses operate across borders. Regulations establish rules to ensure safety, fairness, and environmental standards within industries. Trade policy involves decisions on tariffs, import/export restrictions, and agreements to influence trade flows. Together, they shape a country's economic interactions, protect domestic industries, and promote overall stability and growth. These policies aim to balance open markets with protections for citizens and resources, fostering economic relationships that benefit the country while addressing broader social and security concerns.