France’s digital services tax, which other nations also are considering, represents a radical departure from current practice and would greatly complicate ongoing efforts by the OECD to negotiate changes to the international tax regime by 2020.
March 29, 2018
It is imperative that the United States do more to identify, analyze, and respond to the growing number of countries which are enacting unfair and discriminatory policies that target U.S. ICT firms. The U.S.’s position as a world leader in many high-tech sectors will be undermined if these modern trade barriers continue to spread.
March 24, 2018
In an article for National Review, ITIF President Rob Atkinson decodes the true meaning behind the official statements from the Chinese government in response to President Trump’s long-anticipated announcement of tough new actions against China’s mercantilist trade and economic policies.
March 16, 2018
Raising the cost of ICT products by levying tariffs on ICT imports from China would reduce growth in U.S. ICT investments, which would lower productivity growth, and thus economic growth.
March 2, 2018
The problem is not that Trump imposed tariffs; it is that he appears to have be motivated purely by a protectionist instinct, not because he recognized a legitimate need to aggressively confront foreign mercantilism, particularly on the part of the world’s worst offender, China.
February 27, 2018
The innovation mercantilist policies which lie at the heart of China’s model of state-led capitalism have been the central force driving this overcapacity across an ever-growing number of industries.
February 19, 2018
Perhaps it’s the natural human aversion to bad news—sometimes known as the “ostrich effect”—but few opinion leaders on U.S. economic policy appear willing to take a cold, hard look at the state of U.S. manufacturing. If they did, they wouldn’t be happy.
January 31, 2018
As Nigel Cory writes for Brink magazine, the global rise of data localism is affecting the free flow of data at the heart of today’s digital economy. Unless the United States and others set new digital trade rules to keep data flows open, this trend toward data localism will yield a balkanized Internet.
January 22, 2018
Brazil, China, Indonesia, Russia, and Vietnam fielded some of the year’s worst innovation mercantilist policies. Their targets included Internet-based services, electric vehicles, biopharmaceuticals, computers and electronics.
January 12, 2018
Xiaomi wants to join a growing list of companies—including Alibaba, Baidu, Huawei, Lenovo, and ZTE—that are gaining market share, not just in China, but globally. They would enjoy considerably less success if not for the Chinese government’s campaign of innovation mercantilism.
December 18, 2017
The Ex-Im Bank’s role in supporting high-value-added U.S. exports is more important now than ever, especially as international export competition continues to grow unabated, with other countries hungry to export their products and services to international markets and willing to provide extremely generous financial assistance to facilitate those transactions when necessary.