Gary Shapiro CEO at Consumer Technology Association | Official website
Consumer Technology Association (CTA)® CEO Gary Shapiro expressed his disappointment following the White House's recent announcement regarding the conclusion of the U.S. Trade Representative's review of the China Section 301 tariffs.
Shapiro said, “Once again, the administration has missed an opportunity to tackle inflation and provide American consumers and small businesses with much-needed tariff relief on the consumer technology products that keep them productive, connected and entertained. The White House’s decision to ignore input from stakeholders and continue the tariffs after this long-awaited review will inflame trade tensions with China, undermine U.S. companies’ competitiveness, weaken worker productivity, and disrupt supply chains."
He further emphasized that "Raising tariffs on electric vehicles, lithium-ion batteries, and critical minerals especially will burden U.S. innovation and technology development and is directly harmful to the administration’s sustainability goals. Tariffs are taxes on consumers and hurt U.S. businesses."
Shapiro's statement comes in response to a decision by the administration that he believes will not only exacerbate trade tensions with China but also negatively impact U.S. companies' competitiveness, worker productivity, and supply chains.
