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CompTIA Decries Recent Tariffs on Tech Products

Aug 23, 2018

Washington, D.C. – CompTIA, the leading trade association for the global technology industry, today released the following statement from CompTIA’s executive vice president for public advocacy Elizabeth Hyman regarding the newest 25 percent tariffs on technology products.

“The implementation of 25 percent tariffs on critical technology products is irresponsible and misguided. These tariffs will not only severely undercut the U.S.’s global competitiveness and leadership in cutting-edge technologies, but also threaten America’s national security infrastructure.

“The new tariffs will affect many technologies, including integrated circuits, semiconductor devices, digital thermometers, motion sensors, and electronic testing tools, that are vital components of both the common consumer goods used by millions of Americans as well as military technologies used to protect our country from harm. For example, the U.S. is home to the world’s leading semiconductor companies, many of whom develop technology essential to our national security.

“Taxing U.S. companies and consumers will not address the underlying issues related to China, such as intellectual property theft and forced technology transfers. Instead, we continue to urge the Administration to build a coalition of allies to negotiate with China in a way that will help, not harm, U.S. companies, consumers and national security.”

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About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $1.5 trillion U.S. information technology ecosystem; and the 11.5 million technology and business professionals who design, implement, manage, market, and safeguard the technology that powers the U.S. economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.

Through its Advocacy arm, CompTIA champions member-driven business and IT priorities that impact all information technology companies – from small managed solutions providers and software developers to large equipment manufacturers and communications service providers. CompTIA gives eyes, ears and a voice to technology companies, informing them of policy developments – and providing the means to do something about it. Visit https://www.comptia.org/advocacy to learn more.

Contact:
Josh Zecher
Vrge (For CompTIA)
202-463-0045
[email protected]

 

 

 

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.