WASHINGTON – CompTIA, the world’s leading technology association, released the following statement from CompTIA’s executive vice president for public advocacy Elizabeth Hyman regarding the Administration’s announcement of 25 percent tariffs on imports of Chinese technology products:
“Today the administration decided to levy a 25 percent import tariff on many tech-related products and components including printer parts, thermostats, computer equipment used in AI & blockchain technology, among other things beginning on July 6. There is no doubt that tariffs will create irreparable harm to America’s tech companies, the 11.5 million Americans that work in tech occupations, and consumers who rely on affordable technology in their daily lives. Tariffs will result in higher costs for American manufacturers and suppliers and decrease the overall global competitiveness of U.S.-based tech firms. There is a better way to achieve the results the administration is seeking. Trade wars over tariffs is not it.”
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CompTIA: Building the Foundation for Technology's Future
The Computing Technology Industry Association (CompTIA) is the world's leading technology association, with approximately 2,000 member companies, 3,000 academic and training partners, over 100,000 registered users and more than two million IT certifications issued. CompTIA's unparalleled range of programs foster workforce skills development and generate critical knowledge and insight – building the foundation for technology’s future.
About CompTIA Advocacy
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.
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Access Now$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.
