The Biden administration has suspended talks on some key digital trade aspects of its Indo-Pacific Economic Framework initiative, Democratic lawmakers said on Tuesday as negotiators from 14 countries race to finish some agreements ahead of a major Pacific Rim summit next week.
U.S. Senator Elizabeth Warren faces reporters during a break in a bipartisan Artificial Intelligence Insight Forum for all U.S. senators at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File PhotoWASHINGTON, Nov 7 -
The halt comes after the U.S. Trade Representative's office last month reversed longstanding U.S. digital trade demands at the World Trade Organization -- no longer insisting on rules that protect free cross-border data flows and prohibit national requirements for data localization and reviews of software source code.. That pleased liberal Democrats who want to rein in big U.S tech firms, but angered a broad array of business groups that say it undermines decades of U.S.
"We thank you for suspending negotiations on aspects of the IPEF digital text that can be used to frustrate privacy, AI, civil rights and liberties, anti-monopoly, gig worker and other digital safeguards that Congress and the administration seek," the lawmakers wrote.USTR and the Commerce Department are hosting a seventh round of negotiations on IPEF this week in San Francisco, to try to finalize some agreements that can be announced at next week's U.S.
People familiar with the talks say that discussions on the digital trade chapter have largely ground to a halt because the U.S. position is now unclear and being reevaluated.IPEF is the Biden administration's signature effort to engage economically with Asia to provide countries an alternative to deepening economic ties with China.
The lawmakers, who also included Senator Amy Klobuchar and Representative Pramila Jayapal, said they want to ensure that IPEF and other trade agreements do not prohibit anti-monopoly policies and consumer privacy restrictions and other steps to counter "Big Tech abuses."General Motors is expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.
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