Euractiv reports U.S. Department of Commerce Secretary Wilbur Ross opened up about the negative economic effects that could come to light if the EU and U.S. don't find common ground on cross-border data transfers. Speaking on a webinar, Ross indicated the unaddressed "legal burdens and uncertainty" that remain on EU-U.S. data transfers will create "severe economic consequences." Ross also indicated President Donald Trump's administration is "committed to and is actively working with our European partners" on the matter.
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