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Data: The New Commodity Shaping International Boundaries

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When will the US follow the likes of the EU and China for consumer data privacy protection? In today's digital age, data has emerged as the new commodity, surpassing traditional resources in value and significance. Just as countries have historically traded goods and services, we are now witnessing the rise of data as a valuable export. As a consequence, nations worldwide are implementing strict regulations on data flows across their boundaries. Prominent examples include the General Data Protection Regulation (GDPR) in the European Union and China's Personal Information Protection Law (PIPL). Furthermore, within the United States itself, various states have taken the lead in addressing consumer privacy concerns. States such as California, Virginia, and Illinois have enacted legislation aimed at safeguarding individuals' data privacy rights. However, the absence of a comprehensive federal privacy law leaves significant gaps and inconsistencies in privacy protection across t