Latest Information Technology and Innovation Foundation News & Updates

Washington, March 18 (IANS) US lawmakers pushed for a permanent ban on tariffs on digital products ahead of the WTO ministerial, with India’s opposition emerging as a key hurdle.At a Congressional hearing, officials said extending the moratorium on customs duties on electronic transmissions is a top priority. The rule has been in place since 1998.The moratorium bars countries from taxing digital trade such as software, data, and online services.House Ways and Means Committee Chairman Adrian Sm…

Washington, Jan 29 (IANS) Washington reacted with unease after India and the European Union sealed a landmark free trade agreement, with influential lawmakers, top administration officials, and policy experts warning that America risks being sidelined. With this trade deal, New Delhi and Brussels will reshape global trade and strategic alignments, they feared.Senator Mark Kelly said the deal reflects growing frustration among US allies with Washington’s trade approach. “The EU has signed a t…