The Consumer Technology Association report comes at a time that the Biden administration is continuing to mull over removing certain duties on Chinese good to ease the burden of 40-year-high inflation in the US. Photo: Reuters
Trump-era tariffs on Chinese tech imports cost US firms US$32 billion, hurting production and jobs
- US firms paid over US$32 billion in tariffs to import Chinese technology products from the start of the trade war in July 2018 until the end of 2021
- Consumer Technology Association calls for an elimination of tariffs on consumer technology products and inputs amid 40-year-high inflation in the US
The Consumer Technology Association report comes at a time that the Biden administration is continuing to mull over removing certain duties on Chinese good to ease the burden of 40-year-high inflation in the US. Photo: Reuters