Many US companies need to move data across borders, and it’s not just the ones you think. In addition to social media and tech firms, traditional companies like payment processors, logistics companies, and physical manufacturers also provide digital services across countries.

This makes them subject to data localization requirements, one of the key emerging issues in trade and trade agreements. Getting these requirements right will position countries to benefit from the increasingly vital benefits of the digital economy. Get them wrong, and countries will be shut out of this growth.

Guests:

Christine McDaniel, a Mercatus scholar specializing in trade issues.

Joshua Meltzer, senior fellow at the Brookings Institution

Brian Larkin, the Internet Association's Director for Cloud Policy

Follow Chad on Twitter @ChadMReese.