International trade is vital to the consumer technology sector. Global supply chains are intricate and often take decades to develop. Tariffs upend supply chains and put unnecessary costs on American businesses and innovation. Unfair trade practices should be addressed at the World Trade Organization and with our global allies. Opening global markets, not closing them, spurs economic competitiveness.
As Congress and the White House address unfair trade practices, they must consider the economic impact of barriers to trade on American jobs and companies.
We stand ready to work with Congress and the Administration towards fair and sustainable trade policies.
America's trade war with China is hurting businesses and consumers across the country. Although the president is right to address China's forced technology transfer and intellectual property theft, retaliatory tariffs are the wrong approach.