Donald Trump's tariff wars with China and others are masking the next emerging economic conflict — over the geography of data. A growing number of emerging economies with giant populations, like China, India, Nigeria, Indonesia and South Africa, are leveraging the markets they offer to demand that foreign firms keep the data they gather from these countries within their borders, and not on servers in the West. That’s leading to rising tensions over “data localization,” especially with the U.S., which has an overall global trade deficit but enjoys a massive trade surplus in digital services — in good measure because of its control over global data, say experts. |