Trade

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.
Trade
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November 30, 2017
Sovereign governments, whose job is to represent the interests of their citizens, not the world’s, rightly assert that they have jurisdiction over cyberspace, at least to the extent it plays out within their borders. The problem is when this turns into digital balkanization.
November 14, 2017
The notion at the heart of a Central Bank proposal—that data must be stored domestically to ensure that it remains secure and private—is false. The focus should be on ensuring that financial firms use best-in-class data storage cybersecurity measures regardless of where data is stored.
October 26, 2017
To best harness the opportunities presented by IIoT, the United States (like all countries) needs a national policy strategy. An effective national IIoT strategy should address what ITIF calls the 4 Ts: Talent, Technology, Tax, and Trade.
October 25, 2017
China’s objective is to become competitive across virtually all advanced-technology industries—and the techniques it is using pose a direct, and even existential, threat to high-tech industries in the United States and other countries.
October 2, 2017
After China acceded to the WTO, the trade-creation impact accounted for four-fifths of its manufacturing productivity growth in the next six years, writes John Wu in Innovation Files.
September 28, 2017
By reducing costs, the Information Technology Agreement (ITA) leads to increased use of ICT goods, which spurs productivity and economic growth in signatory nations, while deepening their enterprises’ participation in global value chains.
September 27, 2017
Speaking in São Paulo, Brazil, to an audience of Senate, Chamber of Deputies, and Court technical staff, Rob Atkinson outlined the keys to digital trade success and explained that a growing number of companies in various industries are relying on cross border data flows.
September 25, 2017
Displaying regulatory and other product information via electronic means—as an “e-label”—is a sensible alternative to the jumbled collection of physical labels we now have on ICT goods. Given how products are shrinking, physical labels can inhibit innovation.
September 11, 2017
ICT services exports have increased as a share of the world’s total services exports from just over 20 percent in 1995 to almost 32 percent today, writes John Wu in Innovation Files.
August 18, 2017
Speaking in Ho Chi Ming City, Vietnam, at an Asia-Pacific Economic Community (APEC) workshop on electronic labeling best practices, Nigel Cory explained the benefits of electronic labeling and how it can help facilitate trade and innovation in information communication technology.

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