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.
Main Points:
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.
Enjoy the show.
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - twitter.com/SimplyTradePod
Marianne Rowden - https://www.linkedin.com/in/marianne-rowden-43456110/
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Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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