Washington, D.C. — TechNet President and CEO Linda Moore issued the following statement in response to President Trump’s announcement that he would impose new tariffs on China beginning September 1:
“Every escalation of tariffs hurts American consumers and businesses of all sizes, and further complicates progress towards a breakthrough in negotiations with China. We agree that China must be held accountable for its unfair trade practices, but tariffs are not the solution. They are a tax on American consumers and businesses, they disrupt supply chains, and they impede innovation. We strongly urge President Trump to reconsider these new tariffs.”
Click here to read TechNet’s previous comments for the U.S. Trade Representative’s Section 301 Investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation, including comments on list four.
About TechNet
TechNet is the national, bipartisan network of technology CEOs and senior executives that promotes the growth of the innovation economy by advocating a targeted policy agenda at the federal and 50-state level. TechNet’s diverse membership includes dynamic American businesses ranging from startups to the most iconic companies on the planet and represents over three million employees and countless customers in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, cybersecurity, venture capital, and finance. TechNet has offices in Albany, Austin, Boston, Chicago, Olympia, Sacramento, San Francisco, Silicon Valley, Tallahassee, and Washington, D.C.