The U.S. International Trade Commission announces the release of
Global Digital Trade I: Market Opportunities and Key Foreign Trade Restrictions
Digital technologies are transforming business and international trade, reports the U.S. International Trade Commission (USITC) in its latest publication.
Expansion of the Internet’s network infrastructure has enabled the proliferation of devices, driving up demand for cloud services and data analytics resources, according to the report. These products and services are used by many companies and consumers. However, despite the huge growth in global digital trade in recent years, some countries have imposed measures that slow or halt the domestic adoption of digital technologies in both digital and traditional industry sectors.
Requested by the U.S. Trade Representative, the report describes recent developments in global trade in business-to-business (B2B) and business-to-consumer (B2C) digital products and services. The report provides information on the market for digital products and services in the United States and key foreign markets, including Brazil, China, the EU, India, Indonesia, and Russia. The report also provides information on global adoption of digital technologies and the importance of data flows. Finally, the report also describes regulatory and policy measures in key foreign markets that may impede digital trade.
Developments highlighted in the report include:
View the report: https://www.usitc.gov/publications/332/pub4716.pdf
Industry & Econ Analysis (332)