Digital trade offers alternative amid tariff tensions

Digital trade offers potential avenues for global economic cooperation even as traditional trade faces new tensions, notably US tariffs, experts said.

Panelists explored how trade in the digital realm is reshaping international markets, presenting both significant opportunities and governance challenges during a recent event hosted by the Peterson Institute for International Economics, or PIIE, and the TradeExperettes network.

At the panel discussion titled "Shaping tomorrow's global economy: The transformative power and potential of digital trade", they underscored digital trade's potential as a force for growth and cooperation, even amid global economic uncertainty and evolving technological landscapes.