An increasing number of countries have come to realize that digital technologies and products are part of a fierce race for global innovation and technological advantage. Rather than invest the time, resources, and expertise to help their firms and workers become more competitive and innovative, they turn to digital protectionism. The testimony focuses on the evolution and impact of U.S. digital trade policy, especially its focus on making the moratorium on digital duties clear and permanent.
January 13, 2020
The United States, the EU, and Japan must band together in stronger trilateral partnership to pressure China into rolling back the mercantilist trade practices it uses to grow advanced, innovation-driven industries.
January 6, 2020
An examination of the scholarly literature shows that China’s mercantilist-powered economic rise and trade expansion have slowed the progress of innovation in the global economy—particularly in North America and Europe.
January 2, 2020
As the Trump administration implements the Foreign Investment Risk Review Modernization Act, the most important thing it should consider is that the Committee on Foreign Investment in the United States (CFIUS) should treat Chinese acquisitions of U.S. companies fundamentally different than acquisitions from our allies.
December 23, 2019
Brazilian economic growth has been faltering steadily for years, from an average growth rate of 4.5% from 2006 to 2010, to 2.1% from 2011, to just 1.1% in 2017 and 2018. To say that Brazil’s economy needs a short in the arm is an understatement.
December 16, 2019
Fact of the Week: A 10 Percent Reduction in Tariffs on Intermediate Goods Increases Productivity Growth by 1.9 Percent, an Impact 6.5 Times Greater Than the Same Reduction on Final Goods
Prior to last week’s progress toward an interim trade deal with China, the United States had repeatedly delayed the expansion of tariffs on Chinese goods to most finished products. This was out of concern that such an escalation would hit U.S. consumers harder than existing tariffs on the intermediate goods that serve as inputs for companies to make their final products.
November 26, 2019
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.
November 18, 2019
The Global Mercantilist Index, ranking 60 nations on 18 variables ranging from market access and forced localization to currency manipulation and intellectual property protections, finds that China is the world’s most innovation-mercantilist nation.
October 17, 2019
Stephen Ezell gave a presentation to KIA-KIET on October 16, 2019 addressing how recently introduced Japanese controls on certain product exports to Korea will affect the global semiconductor industry supply chain.
October 11, 2019
Stephen Ezell presented on strengthening subsidies rules to tackle trade distortions in high-tech sectors at the 2019 WTO Public Forum.
October 9, 2019
Nigel Cory gave a presentation at the World Trade Organization’s (WTO) Public Forum on “Digital Trade and Health: Data Flows and Data Governance.”