Trade regulation

Definition and stakes

Jonathan Elliot,  Debates in the Several State Conventions on the Adoption of the Federal Constitution (1907)

“ The states will never give up all power over trade. An enumeration of particular articles would be difficult, invidious, and improper.
Mr. MADISON. As we ought to be governed by national and permanent views, it is a sufficient argument for giving the power over exports, that a tax, though it may not be expedient at present, may be so hereafter. A proper regulation of exports may, and probably will, be necessary hereafter, and for the same purposes as the regulation of imports, viz., for revenue, domestic manufactures, and procuring equitable regulations from other nations.
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Source: Wikisource

Alexander Hamilton,  On the constitutionality of a national bank (1791)

“ Accordingly, such only are the regulations to be found in the laws of the United States; whose objects are to give encouragement to the enterprise of our own merchants, and to advance our navigation and manufactures.
And it is in reference to these general relations of commerce, that an establishment which furnishes facilities to circulation, and a convenient medium of exchange and alienation, is to be regarded as a regulation of trade.
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Source: Wikisource

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