Strong #DigitalTrade rules benefit American exports, consumers, the economy, and businesses of all sizes.

Strong #DigitalTrade rules are integral to a strong U.S. economy. In 2021, the #digital economy accounted for 10.3% of U.S. GDP.

Learn more: https://www.bea.gov/data/special-topics/digital-economy

Strong & diverse #DigitalTrade relationships are important to overall U.S. trade, as BEA data shows that the $61.6 billion increase in exports & $20.9 billion increase in imports of potentially ICT-enabled services in 2021 were widespread geographically.

https://apps.bea.gov/scb/issues/2022/10-october/1022-international-services.htm

#DigitalTrade barriers threaten the economic benefits of U.S. exports in digitally-enabled services, which represented 77% of all U.S. services exports in 2021.

Learn more: https://www.project-disco.org/21st-century-trade/113022-digital-trade-barriers-are-spreading-harming-strength-of-u-s-exports/

USTR should work to remove #digital trade barriers, as #DigitalTrade helps reduce the trade deficit. According to @BEA_News, $89.4 billion in U.S. ICT services exports resulted in a trade in ICT services surplus of $38.3 billion.
Learn more: https://apps.bea.gov/scb/issues/2022/10-october/1022-international-services.htm

CCIA has identified hundreds of global #DigitalTrade barriers that hinder the widespread economic & societal benefits associated with digital trade. The U.S. government has chronicled these problematic policies in their annual #NTE report.

Read more:
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2023/march/ustr-releases-2023-national-trade-estimate-report-foreign-trade-barriers

Digitally-enabled services exports were 2.5% of U.S. GDP in 2022. Ensuring a strong U.S. economy means supporting its most successful exports through strong #DigitalTrade rules.

Learn more: https://www.project-disco.org/uncategorized/strength-of-digital-services-exports-to-u-s-economy/

Secure & trustworthy #DataFlows underpin strong #DigitalTrade relationships. How can #trade policy support robust data flows & strengthen economic wellbeing?

Learn more from @OECD: https://www.oecd.org/trade/topics/digital-trade/

Digitally-enabled services exports maintain outsize contributions to overall U.S. trade & help strengthen the U.S. economy, underscoring the importance of strong #DigitalTrade rules that support #digital exports.

Learn more:
https://apps.bea.gov/iTable/?reqid=62&step=9&isuri=1&product=4#eyJhcHBpZCI6NjIsInN0ZXBzIjpbMSw5LDZdLCJkYXRhIjpbWyJwcm9kdWN0IiwiNCJdLFsiVGFibGVMaXN0IiwiMzU5Il1dfQ==

Digitally-enabled services exports maintain outsize contributions to overall U.S. trade & help strengthen the U.S. economy, underscoring the importance of strong #DigitalTrade rules that support #digital exports.

Learn more:
https://apps.bea.gov/iTable/?reqid=62&step=9&isuri=1&product=4#eyJhcHBpZCI6NjIsInN0ZXBzIjpbMSw5LDZdLCJkYXRhIjpbWyJwcm9kdWN0IiwiNCJdLFsiVGFibGVMaXN0IiwiMzU5Il1dfQ==

How can U.S. policymakers & #trade officials ensure that U.S. #digital exporters continue to strengthen the American economy? Check out @OECD’s recommendations for strong #DigitalTrade rules:

https://www.oecd.org/trade/topics/digital-trade/

A May @OECD report suggests that reducing #DigitalTrade barriers can lead to improvements in overall #trade, including in specific sectors like agriculture & food.

Learn more: https://www.oecd-ilibrary.org/docserver/11889f2a-en.pdf?expires=1689867389&id=id&accname=guest&checksum=5F2AA0C17DA28F354ECB65582A8A8CBA

Strong #DigitalTrade agreements containing #ecommerce provisions have been found to increase exports of emerging economies by 16.9%.

Learn more from OECD ➡️ Better Policies for Better Lives: https://www.oecd-ilibrary.org/docserver/11889f2a-en.pdf?expires=1689867389&id=id&accname=guest&checksum=5F2AA0C17DA28F354ECB65582A8A8CBA

Digitally-enabled services exports made up 2.5% of the U.S. GDP for 2022. Ensuring a strong U.S. economy means supporting its most successful exports through strong #DigitalTrade rules.

Learn more: https://www.project-disco.org/uncategorized/strength-of-digital-services-exports-to-u-s-economy/

.OECD ➡️ Better Policies for Better Lives’s #digital trade inventory maps out the complexities of #DigitalTrade issues globally.

Learn more: https://www.oecd.org/trade/topics/digital-trade/

Strong #DigitalTrade rules that support secure & trustworthy #DataFlows benefit consumers & businesses of all sizes. #IPEF

https://insidetrade.com/daily-news/australian-envoy-ipef-countries-must-strike-balance-digital-trade

RT @WallachLori@twitter.com

Canada's law makes the largest digital platforms monopolizing advertising negotiate w/ news outlets about payment for content they use, like Oz's 2021 News Media Bargaining Code that led to small/medium outlets hiring more reporters. #BigTech says🤥it's a #digitaltrade barrier!🧵 https://twitter.com/econliberties/status/1671981114368335876

🐦🔗: https://twitter.com/WallachLori/status/1672329891281510401

Discriminatory #DigitalTrade policies hurt American consumers & businesses of all sizes. CCIA appreciates efforts from @RepLaHood & a bipartisan group of lawmakers urging the Biden admin to address EU policies that disadvantage American business while benefiting China & Russia.

https://lahood.house.gov/2023/6/lahood-bipartisan-group-urge-the-biden-administration-to-address-discriminatory-eu-digital-trade-policy

This week, CCIA launched its interactive #digital trade barriers mapping tool to arm policymakers & stakeholders with empirical data on #DigitalTrade barriers affecting U.S. exports worldwide.

Check out the map & accompanying analysis here: https://ccianet.org/advocacy/trade/global-digital-trade-barriers/

Barriers to #DigitalTrade include restrictions on cross-border #data flows, forced revenue transfers, & discriminatory treatment of online platforms.

Check out where #trade barriers are hurting U.S. exports and learn how policymakers can minimize them:
https://ccianet.org/advocacy/trade/global-digital-trade-barriers/