GDPR lacks clarity and threatens transatlantic trade

A lack of clarity around how new EU data protection laws apply poses a threat to EU-US trade, the US secretary of commerce has said.

“GDPR creates serious, unclear legal obligations for both private and public sector entities, including the US government. We do not have a clear understanding of what is required to comply. That could disrupt transatlantic co-operation on financial regulation, medical research, emergency management co-ordination, and important commerce,” he said.

Source: GDPR lacks clarity and threatens transatlantic trade, says Ross