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Digital Trade: New Rules for Countries Benefiting from US Trade Preferences.

This act changes the rules for countries to receive preferential access to the US market. If a country restricts digital trade, it may lose these benefits. This aims to encourage countries to open up to digital exchange and protect citizens' data.
Key points
Countries restricting digital trade may lose tariff benefits in trade with the US.
The act promotes free data flow and online privacy protection in partner countries.
Changes aim to support US development goals and trade interests in the digital age.
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Additional Information
Print number: 117_HR_3052
Sponsor: Rep. LaHood, Darin [R-IL-18]
Process start date: 2021-05-07