GOP Ways & Means members: USTR digital policy at odds with OECD talks

The Office of the U.S. Trade Representative’s decision to withdraw support for digital trade proposals at the World Trade Organization contradicts the Treasury Department’s goals in international tax negotiations, several Republican members of the House Ways & Means Committee charged this week. USTR in October withdrew support for proposals in plurilateral e-commerce talks at the WTO, including a ban on data localization. But foreign data localization policies incentivize U.S. companies to invest abroad, Rep. Randy Feenstra (R-IA) told Treasury Secretary...