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USTR Reverses Course On WTO Digital Trade Talks, Raising Congressional And Industry Concerns - International Trade & Investment

The Office of the U.S. Trade Representative on Wednesday, October 25, rescinded its support for e-commerce proposals already advanced in World Trade Organization (WTO) negotiations...
United States Elizabeth Warren Senate Finance Committee National Foreign Trade Council Coalition Of Services Industries World Trade Organization
Source: mondaq.com

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US drops digital trade demands at WTO to allow room for stronger tech regulation

U.S. Trade Representative Katherine Tai has dropped longstanding U.S. digital trade demands in World Trade Organization talks in order to give Congress room to regulate big tech firms, her office said on Wednesday. The U.S. is withdrawing proposals made in 2019 by the Trump administration insisting that WTO e-commerce rules allow free cross-border data flows and prohibit national requirements for data localization and reviews of software source code. The withdrawals were made in Geneva during ...
United States Sam Michel David Lawder Elizabeth Warren Ron Wyden John Murphy
Source: yahoo.com

US to withdraw key proposal on digital trade

The United States has made a significant shift by withdrawing its support for a World Trade Organisation (WTO) initiative promoting free cross-border data flows without localization requirements. This change aligns with Indias stance of flexibility in digital policy and concerns about the potential dominance of a handful of e-commerce players.
New Delhi New Zealand United States Ajay Srivastava Statement Initiative World Trade Organisation

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