Writing for the Financial Times, U.S. Secretary of Commerce Wilbur Ross discussed the U.S. government’s concerns with the EU General Data Protection Regulation. Ross writes while the Trump administration supports the GDPR, the cost of complying with the new rules, plus unclear legal obligations for private- and public-sector entities, could impact trans-Atlantic cooperation on medical research and financial regulation and create barriers to trade. “The guidance on GDPR implementation is too vague,” Ross writes. “EU authorities must provide clearer rules and a more predictable regulatory environment to support investment and innovation.” Meanwhile, U.K. Chancellor Philip Hammond said the country will follow the GDPR after Brexit. (Registration may be required to access this story.)
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