Re write this; The firm must take into account a variety of U.S. trade regulations. These encompass the Tariff Act of 1930, which stipulates duty rates for imported items, and the Trade Act of 1974, which empowers the President to negotiate trade deals. If Canada is being evaluated as a potential source, the firm should also consider the North American Free Trade Agreement (NAFTA), as it could potentially decrease expenses. If the tariff on imports from France is excessively high, the firm could request a reduction under the Trade Act of 1974. This would necessitate proving that the tariff is inflicting substantial damage to the firm and that a reduction would be beneficial to the national economy