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One of the most significant regulatory wins of the Trump administration came just a little over two years ago, when the Federal Communications Commission (FCC) repealed stringent Title II regulations on the Internet. The repeal of the so-called “net neutrality” allowed the Internet to innovate and continue thriving with increased investment. However, the regulatory wins at FCC have not stopped there.
In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing. The steel industry and the aluminum makers are getting rich off of the high taxes on imported metals.