In today’s global economy, international trade is becoming more accessible to small businesses. The Internet easily allows growing companies to inexpensively and efficiently reach new customers, promote new and exciting products, and quickly share information across the globe. Digital trade and the rise of e-commerce have additionally added value to data as a commodity that can be traded across international lines.
At the same time, this rapid technological transformation has propelled digital trade faster than international legal systems can respond. The United States is only one of many countries currently revisiting and negotiating bilateral trade agreements, including the U.S.-Mexico-Canada Agreement (USMCA).
Enacting trade policies that protect consumers is essential but cannot be the singular focus of government action. The United States is home to more than 30 million small businesses that operate online and utilize digital ads, marketplaces, and platforms to increase profits and create jobs.
As Congress looks toward negotiating USMCA and shaping trade policy, 3C will continue urging Members of Congress to recognize small business reliance on digital platforms and support measures that lower barriers to digital access and cross-border data flows.