USA Today reports some U.S. companies want foreign governments to relax data localization laws but have yet to find success. President Donald Trump cited the laws as one of his demands for the upcoming renegotiations of the North American Free Trade Agreement. Companies are concerned their intellectual properties are more likely to be stolen overseas, while the cost of storing data in other countries is high for small- and medium-sized businesses. The laws could also impact the internet’s viability long term. “Part of what made the internet always great and the reason why it’s blossomed is because it was always decentralized and not subject to heavy-handed regulations,” IAPP Vice President of Research and Education Omer Tene said. “The concern is that the internet will be splintered into islands.”
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