Bill > S3399

This bill would authorize the President to negotiate and enter into digital trade agreements with trusted trade partners, establishing a comprehensive framework for international digital commerce. The legislation recognizes the growing importance of digital trade, which contributes approximately 10% to the U.S. GDP and supports nearly 9 million jobs, and aims to create standardized global rules for digital interactions. Key provisions include requiring the President to consult with Congress before initiating negotiations, mandating that digital trade agreements address critical areas such as cross-border data flows, protection of intellectual property, prohibition of forced technology transfers, and promotion of cybersecurity cooperation. The bill also establishes a detailed oversight mechanism, requiring the President to provide notice to Congress, submit reports on proposed agreements, and allowing Congressional review and potential disapproval of any digital trade agreements. Furthermore, the legislation emphasizes the importance of promoting U.S. interests and values in digital governance, countering discriminatory digital policies of countries like China, and supporting an open, secure, and innovative digital ecosystem that protects human rights, privacy, and free speech while facilitating international digital trade.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/3399/all-info