Trade

The 2025 “South Meets North” Global Trade and Innovation Policy Alliance (GTIPA) Annual Summit will bring together leading local and international experts in Buenos Aires to exchange effective strategies in innovation-related policies.

Policymakers must justify why they should be allowed to tax the major digital companies differently from the leading firms in other industries. This challenge explains why so much of the DST debate has centered around obscure and abstract notions of a company’s “physical presence” and whether the company’s users “create value.”

With limited bandwidth for negotiations, we can no longer afford to treat all trade sectors equally. The administration should focus on what matters most for America’s economic and national security future: defending our technology industry from foreign attacks.

As U.S. tariffs rise, countries are protecting themselves from American trade policy while cutting new free trade deals elsewhere. A new GTIPA report explores how this paradox could sideline the United States in the next global trade order.

Watch the high-level discussion presented by ITIF’s Center for Korean Innovation and Competitiveness featuring trade experts, regulatory analysts, and U.S.–Korea watchers from both sides of the Pacific.

Global Trade and Innovation Policy Alliance (GTIPA) members from 17 countries analyzed how their economies are reacting to U.S. tariffs. Many countries are seeking to support their local producers and establish trade arrangements that are less reliant on the United States.

If the Starmer government thinks for one minute that the PRC will allow the UK to expand exports of anything with any real strategic importance, it is gravely mistaken. It’s time for competitive realism.

For Trump, it’s a new world and Korean President Lee Jae Myung and his administration needs to treat it as such by negotiating a new deal that preserves Korean market access to America in exchange for real concessions on what at the end of the day are relatively minor things for Korean economic competitiveness.

Schleswig-Holstein’s move to drop Microsoft for open-source tools reflects costly digital protectionism driven by politics, not practicality. EU governments should focus on evidence-based tech procurement over nationalist agendas.

When local data storage regulations are open or with pre-authorized safeguards, global exports are expected to rise by 3.6 percent and global gross domestic product (GDP) is expected to increase by 1.77 percent. When regulations are more stringent against different geopolitical blocs, global exports are expected to decline by 1.76 percent while GDP is expected to fall by 0.94 percent. Regulations that prohibit the flow of data also have a sizable impact with exports declining by 8.45 percent and GDP declining by 4.53 percent.