Congress should ratify the proposed USMCA and in particular support its provision requiring 10 years of data protection for biologic drugs. The result will be a more competitive U.S. biopharmaceutical industry, more high-paying American jobs and more incentives to produce new cures.
August 9, 2019
Successful negotiations between two parties—whether between spouses, companies, or in the case of the trade war with China, countries—depend on each side having an honest assessment of their part in the conflict.
July 22, 2019
An APEC report—produced with extensive research contributions from ITIF—on how firms use data and the impact of data-related laws and regulations.
July 2, 2019
Submission to New Zealand’s Ministry of Foreign Affairs and Trade on Objectives for Digital Economy Partnership Agreement Negotiations
New Zealand should use Digital Economy Partnership Agreement negotiations with Chile and Singapore to set a new gold standard for digital trade, by including new rules, principles, and frameworks for cooperation on data flows, digital intellectual property, Internet-based services, open data frameworks, and electronic labeling, invoicing, and signatures.
June 29, 2019
Following a meeting with Chinese President Xi Jinping on the sidelines of the G20 meetings in Tokyo, President Trump stated that he had agreed to lift the “deemed export” ban on Huawei.
June 25, 2019
Korea, Mexico, and Taiwan represent vital trade partners for the United States, not only as destinations for U.S. exports, but more importantly as key partners whose firms supply critical intermediate goods on which the health of America’s advanced-technology industries depend.
June 24, 2019
ITIF has filed comments with the Office of the Privacy Commissioner of Canada, regarding its draft policy changes towards transborder data flows.
June 13, 2019
A survey of allied think tanks summarizes what 23 nations and the EU are doing best when it comes to innovation policy, and where there are the greatest opportunities to improve. In many cases, the successes can serve as model policies for other countries to adopt.
June 10, 2019
Fact of the Week: Tariff Increases Through November 2018 Redirected $165 Billion in Trade on an Annualized Basis, Reducing Overall U.S. Welfare by $16.8 Billion
The United States imposed six sets of tariffs in 2018, levying taxes on $303 billion worth of U.S. imports, which drove other nations to impose tariffs on $121 billion worth of U.S. exports. New analysis of U.S. trade through November 2018 found that nearly all the value of tariffs was passed through to U.S. companies and consumers in the form of domestic price increases.
June 6, 2019
The United States must stand up for innovation in the debate over the U.S.-Mexico-Canada Agreement (USMCA), ITIF's Stephen Ezell, the Macdonald-Laurier Institute's Richard Owens, and Fundacion Idea's Alberto Saracho write in The Hill.
May 27, 2019
The foundation of the global digital economy is showing cracks. Countries that support an open, rules-based global trading system need to agree on a common framework.