Trump’s Trade Policies Threaten US Digital Economy and Global Connectivity

President Trump’s trade policies are raising concerns about the impact on Silicon Valley and the global digital economy. A recent report by Allianz Trade highlights how his focus on reshaping global trade, particularly the US goods deficit, risks neglecting the significant growth of digital services exports. These so-called ‘invisible exports,’ including financial and digital technology, could be worth as much as $600 billion, according to the report. However, Trump’s tariff negotiations with global partners are creating uncertainty around how this hidden trade will be impacted.