TechWonk Blog
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To learn more about ITI's work and position on Trade & Investment, please visit
http://www.itic.org/policy/trade-investment
http://www.itic.org/policy/trade-investment
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The forthcoming signing of the CHIPS and Science Act of 2022 (H.R. 4346) will usher in a new era for U.S. manufacturing and the innovation economy. On behalf of the technology industry and entire semiconductor ecosystem, ITI has been the leading advocate for this critical legislation and is proud to join the ceremony at the White House on August 9 to mark its enactment. A Biden Administration priority, [...]
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As the Biden-Harris Administration focuses on restoring ties with partners in the Indo-Pacific, the U.S. must take concrete action in an area that defines how all international commerce is conducted today – digital trade. Since the Trump-Pence Administration’s withdrawal from the Trans-Pacific Partnership (now Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP)), Indo-Pacific countries [...]
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This week, the Biden Administration is hosting the 2021 Summit for Democracy. The summit will bring together leaders from democratic governments around the world to share specific ideas about “the challenges and opportunities facing democracies.” As the premier advocate of the global technology industry, we see this week’s meetings as an opportunity for both governments and civil society to come together [...]
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Following the much-anticipated publication of the Artificial Intelligence (AI) Act proposal by the European Commission earlier this year, EU policymakers in the Council and the European Parliament are beginning their work on the text. While the Council is already looking at the key substantive issues of the proposal, the European Parliament is expected to intensify the legislative work in the coming [...]
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From raising the debt limit and funding the federal government to passing a defense authorization bill, the U.S. Congress has a packed agenda to accomplish before the end of 2021. Among these priorities, lawmakers should also seize a historic opportunity to finish work on the U.S. Innovation and Competition Act (USICA), a bipartisan bill that passed the U.S. Senate earlier this year. This bill is essential [...]
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On 12 October 2021, ITI hosted a hybrid panel event, “What’s Next for the Transatlantic Trade and Technology Council (TTC)?” at Euractiv Studios. The event was moderated by ITI’s President and CEO Jason Oxman and featured a live panel debate and a keynote speech from European Commission Executive Vice President, Margrethe Vestager. Speakers Margrethe Vestager, Executive Vice President, European Commission [...]
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This week, top officials from the United States and the European Union will attend the inaugural meeting of the U.S.-EU Trade and Technology Council (TTC). The TTC was created in response to the need for a structured mechanism that would allow for bilateral discussion about one of the most active areas of policymaking in the world -- technology. As the leading advocate for the world’s most innovative [...]
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As economies around the world are sputtering back to life following an unprecedented global pandemic, the EU and U.S. continue to face a massive disruption to a key business driver – the transfer of data between the two regions. In the Schrems II case last July, Europe's highest court ruled that Privacy Shield, an EU-U.S. data transfer agreement, was invalid. The ruling also cast doubt upon the reliability [...]
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A current increase in global demand for semiconductors or ‘chips’ is outpacing both supply and manufacturing capacity, resulting in several sectors - from autos to healthcare to energy to consumer products and devices - facing a shortage in this foundational hardware. The increased demand for chips is the result of both increased demand for devices that enable our work- and learn-from-home environment [...]
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The COVID-19 crisis is having an unprecedented impact on international trade at a time when the World Trade Organization (WTO) – guardian and principal arbiter of the global trade rulebook – is under significant pressure to reform elements of its key functions. Despite statements from world leaders encouraging open markets, we are seeing a proliferation of trade-restrictive measures as governments [...]
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