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9.38526513373149E-06 -0.00189582355701547 -0.00564054434537775 -0.00502111684655083 -0.00176442984514301 -0.00242139840450486 -0.00188643829188174 -0.00589394650398871
Stock impact report

U.S. pushes WTO to make the e-commerce tariff moratorium permanent [Los Angeles Times (CA)]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
of digital services and data flows at the World Trade Organization's ministerial later this month. The WTO's “moratorium on customs duties on electronic transmissions” has been renewed every two years since it was first instituted in 1998, back in the infancy of digital commerce. The prohibition's wording was vague by design back then but it's understood to mean economic activity that's now ubiquitous — from online purchases and social media to data transfers and video calls. The moratorium has divided nations for nearly three decades as economies including Brazil, India and South Africa argued they wanted to preserve domestic policy options rather than rubber-stamp it. Behind that vague justification are concerns including the hit to customs revenue as online services replace goods purchases, U.S. Big Tech's growing market share, and data sovereignty and security issues more recently tied to the boom of artificial intelligence. A draft WTO statement of support for the moratoriu Show less Read more
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