Policy > Issues

Tariffs Are a Tax

Tell the White House Tariffs Hurt Your Business

Tariffs are a tax, hurting American businesses' global competitiveness and raising prices on your consumers. Since Oct. 2018, U.S. businesses have paid over $6 billion in tariffs - the highest monthly amount in our history - and the U.S. technology industry is on track to pay $1 billion a month in tariffs.

President Trump and Chinese President Xi recently reached a tentative 90-day agreement on Jan. 1 to halt the looming increase of tariffs to 25 percent. Before the 90 days are up, it's important for American businesses to tell the White House that tariffs hurt innovation, jobs and the economy.

Our country can't afford a trade war with China.