Simply Trade [Affairs]: The Growing Regulatory Threat to E-Commerce and Data-Driven Business with Marianne Rowden
Digital Trade Policy Changes and the Impact on Business
This episode discusses recent changes to US digital trade policy and the potential impact on businesses that engage in e-commerce, data flows, and digital transactions both domestically and internationally. Experts analyze the risks and opportunities as countries consider new regulations and taxes.
Marianne Rowden of the E-Merchants Trade Council discusses her experience negotiating digital trade issues at the WTO and analyzes the strategic implications of the US policy shift away from supporting liberalized digital trade rules.
Relevance to International Trade: The changes in approach to digital trade regulation have downstream effects on customs compliance and classification of digital goods crossing borders. International companies will need to assess risks around data sovereignty and local content rules in different markets.
Impact on Businesses: From online retailers to manufacturers using IoT, all sectors could see costs rise or flexibility reduced depending on how individual countries implement new policies. Industries like legal, healthcare and transportation that rely on digital transactions are directly in the line of fire.
Actions for Companies: Listeners are advised to develop a digital trade risk profile, engage with trade associations on policy advocacy, and educate upper management on compliance preparedness. Staying informed on this fast-moving issue is key for strategic planning.
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