China’s cybersecurity law can be used as a form of “backdoor” trade retaliation to hurt U.S. firms in China.
One result of the widespread acceptance of e-commerce and home delivery is a growing and urgent demand for drivers – at least for now.
Etsy, the online marketplace for handmade, vintage, or other unique items, is one of many popular Internet platforms where individual creators can sell their works. Nearly 15 million Americans earned a collective $6 billion using just nine of these platforms. Millions more did the same worldwide. And now many of these creators are also global traders.
Sports fans around the world have so many new platforms and formats to enjoy premium sporting events, that income from the sale of broadcasting and media rights far surpasses revenue from ticket sales in most sports. Unlike in football, the rules of this game are still being written.
In 1927, people throughout the United States were introduced to the white gospel of country music made possible by new portable recording devices and distributed by album and broadcast radio. In 2016, paid subscriptions to music streaming services topped 100 million. The recorded music industry is at the forefront of the explosion in global digital trade.
Over half of all Americans enjoy playing video games regularly. Whether you’re a “hardcore gamer” with the latest virtual reality headset or just killing time with Sudoku on your phone waiting for the bus, we are all unwittingly engaged in a vibrant global market for gaming entertainment products competing for our attention.
In 1994 – the year NAFTA went into effect – the Internet was still accessed through dial-up. Amazon, Google, and eBay were years away, while Facebook and the iPhone were a decade off. As the United States, Canada, and Mexico prepare to rethink NAFTA, they have an opportunity to write rules for digital trade, protecting North America’s lead as a digital pioneer.
Because most everything can be found online and purchased in small quantities, most consumers don’t see much difference between buying toothpaste from CVS online or purchasing an Alex Galchenyuk hockey trading card from Canada on eBay. But when the product is shipped across an international border, the “de minimis” rule is in play.
Through a combination of automation, analytics, mobile payment and other digital technologies, the world’s leading food retailers are in a race for your “digitally-enabled” grocery business.
Chilean EdTech start-up, Lab4U, created apps that enable students lacking access to equipment in labs to conduct science experiments using their phones. Demand from abroad encouraged them to scale internationally.