US STATE-BY-STATE AI LEGISLATION SNAPSHOT

Digital trade

Digital trade, the exchange of goods and services facilitated by digital technologies and platforms, has become increasingly prevalent in the global economy. With the rapid growth of e-commerce, digital services, and data flows, the traditional boundaries of commerce are being redefined. However, the borderless nature of digital trade poses challenges for regulatory frameworks, often preempting state laws and raising questions about jurisdiction, taxation, and consumer protection. As digital transactions transcend geographical borders, they confront traditional notions of sovereignty and regulatory authority, prompting policymakers to grapple with how to balance the benefits of digital trade with the need for effective governance. This dynamic landscape underscores the importance of international cooperation and the development of harmonized regulatory standards to foster innovation and economic growth while addressing emerging challenges in the digital economy.


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