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Digital Trade Act: New Criteria for Trade Preferences.

This act introduces new criteria for countries to qualify for preferential trade benefits with the United States. Nations that restrict digital trade or fail to protect personal data may lose access to tariff reductions, potentially affecting the cost of imported goods and the availability of digital services for citizens.
Key points
Countries restricting digital trade, such as blocking data flows, may lose trade preferences.
Nations failing to protect personal data or forcing disclosure of proprietary source code may also be excluded from the preference program.
The goal is to promote open digital trade and data privacy globally, potentially impacting international markets and digital service availability.
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Additional Information
Digital Trade for Development Act
Print number: HR 6990
Sponsor: Rep. LaHood, Darin [R-IL-16]
Process start date: 2024-01-12