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European authorities need to move quickly and provide concrete guidance and a reasonable transition period to companies.
Silicon Valley was not created by government fiat. Nor did it emerge from the ether to Instagram a #selfie and announce to the world that it is “in a relationship” with innovation. Rather, strong policy foundations were laid that enabled digitally-minded enterprises to innovate, fail, and succeed — not just in Silicon Valley but throughout the United States.
It’s “Emerging Issues in Trade Week” at the U.S. Chamber, and we’re digging into some of the meatier trade challenges facing American business today. Regulatory cooperation is high on this list.