Export & Import Quotas and Import Tariffs should NOT have been dropped ages ago , both from the USA and the EU . It has and it still have catastrophic effects on the two economies who left large parts of their industries go to Cina , India and South East Asia .
I think there should be a commercial agreement between countries where Import & Export should be leveling . You Export 10 billion and you Import 10 billion or what ever agreement between the parties , but not this wild west we got now wich only serves the Emerging Markets .