The $700B may be a bit stupid from the article authors. However. A point to bring across is that if the government mandates something to add a bit of safety th

The $700B may be a bit stupid from the article authors. However. A point to bring across is that if the government mandates something to add a bit of safety that isn't ridiculous then shipping costs just simply go up across the board. As long as everyone has to abide by the new laws, no one will have a competitive advantage. It's like abolishing slavery. Sure, the slavers will say they can't compete anymore because they have to pay for labour, but after a few years everyone has to pay for labour and the market equalises.