What is digital trade? Global trade in digitally delivered products reached $3.83 trillion USD in 2022, representing half of all global services trade. The Canada-U.S.-Mexico Agreement that replaced NAFTA includes a first-of-its-kind digital trade chapter that builds on the e-commerce chapter of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Indeed, industry groups representing U.S. big tech interests claim that digital governance policies adopted by Canada violate the digital non-discrimination obligations included in CUSMA’s digital trade chapter. The prospects of using the CUSMA review period to gut the agreement of harmful digital trade rules may therefore depend on the results of the November election.

Source: The Guardian May 30, 2024 04:29 UTC