U.S.-Japan Deal Sets New Bilateral Standards For Digital Trade

The video discusses the US-Japan Free Trade Agreement, focusing on digital trade. It highlights the US's efforts to shape global digital trade rules, the rapid growth of the digital economy, and the specifics of the US-Japan Digital Agreement, which prevents new taxes on digital products. The video also addresses global challenges, such as France's digital tax and India's considerations for similar tariffs. It outlines the US's strategy in other trade negotiations and mentions the OECD's upcoming global digital trade rules.

What is a key focus of the new US-Japan Free Trade Agreement?

• Restricting the flow of information

• Increasing tariffs on digital products

• Revamping the global trading system for the digital age

• Traditional trade topics like beef and dairy

What does the US-Japan Digital Agreement prevent?

• The free flow of goods between the US and Japan

• The imposition of new taxes on digital products

• The establishment of new digital businesses

• The increase of tariffs on traditional goods

Which country has recently imposed a tax on digital businesses?

• Japan

• India

• France

• Canada

What is the US doing in other trade negotiations regarding digital trade?

• Ignoring digital trade issues

• Increasing tariffs on digital products

• Taking a similar approach as in the US-Japan deal

• Focusing only on traditional trade topics

Which organization is expected to propose global rules for digital tariffs?

• World Trade Organization

• International Monetary Fund

• Organization for Economic Co-operation and Development

• United Nations