WASHINGTON – ITI, the global voice of the tech sector, released the following statement in response to President Trump’s announcement of a tariff of 10 percent on List 4, the remaining $300 billion in Chinese goods on Sept. 1. The tariffs would impact numerous tech products and components such as cameras, televisions, headphones, copy and printing machines, speakers, and telephones.
“The tariffs already in force have cost American consumers, workers, and businesses of all sizes more than $30 billion,” said Jason Oxman, ITI President and CEO. “This unprecedented tariff hike would exacerbate that harm and serve to move the U.S. and China further from a meaningful resolution. We urge the president and his team to direct their focus on striking a long-term deal without using Americans’ wallets as leverage.”