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when you trash your preferences in premiere pro does it delete your presets bc my effects tab get laggy
Thanks for writing in. After resetting the preferences, it will reset the program to its factory defaults.
For more details, you can refer to this article: https://community.adobe.com/t5/premiere-pro/faq-how-to-reset-trash-preferences-in-premiere-pro/td-p/...
In addition to this, you can also try deleting media cache files.
Let us know how it goes.