A Glass-Steagall Act for the internet, strengthening international trade norms, and addressing challenges to economic inclusion.
Restoring US trust in globalization “The COVID-19 pandemic could not have come at a worse time for an international trading system already at a crossroads.” Amid growing uncertainty over the World Trade Organization (WTO), Joshua Meltzer and Neena Shenai call for U.S. leadership that builds on what works and strengthens WTO norms, including nondiscrimination, predictable tariffs, and the rule of law. Read more | Listen: A Glass-Steagall Act for the internet In a recent hearing with the CEOs of Amazon, Apple, Facebook, and Google, Rep. David Cicilline called the principals “emperors of the online economy” and outlined a number of alleged abuses by their companies. In a new episode of the TechTank podcast, Darrell West interviews Rep. Cicilline about measures he believes Congress can take to mitigate the damages caused by large internet platforms. Listen to the podcast | A note on the Brookings response to COVID-19: The Brookings Institution campus in Washington, D.C. will be closed through at least January 4, 2021. For more information, read our full guidance here. As Brookings experts continue to assess the global impacts of COVID-19, read the latest analysis and policy recommendations at our coronavirus page or stay up to date with our coronavirus newsletter. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |