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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 a meeting of the WTO's Joint Statement Initiative on E-Commerce, with a U.S. official saying t...

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 India's stance of flexibility in digital policy and concerns about the potential dominance of a handful of e-commerce players.

From semiconductor strategies to harmonising data flow principles, Tokyo and Brussels share an ambitious if daunting vision for the future.

Economist Brian Easton says while Singapore and New Zealand have rather different economic structures, the two small economies work together in the international political economy

1. Introduction and Overview - Developing international rules for cross-border data flows and digital trade. Cross-border data flows are integral to the...