Don’t Let Tariffs Break the Internet
One of the main reasons why the digital economy has been able to grow so robustly over the past two decades is that parties to the World Trade Organization have agreed not to impose tariffs on cross-border data flows. But now, in a misguided attempt to recoup lost revenues, some governments want to fix a system that isn't broken.
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PARIS – Most people have never heard of the World Trade Organization’s moratorium on customs duties on electronic transmissions. And yet it may be one of the most important trade deals in recent history, given the outsize effect it has had on the growth of the Internet.