Consumer Technology Association

CTA Study: China Tariffs Will Cost the U.S. Economy up to $2.4 Billion Annually

The Trump administration's consideration of tariffs on Chinese printed circuit assemblies and connected devices would cost the economy $520.8 million and $2.4 billion annually for the 10 percent and 25 percent tariffs, respectively, according to a new study commissioned by the Consumer Technology Association (CTA).

CTA Calls on Trump and Johnson to Release Tech Agenda

Two weeks ago, Sec. Hillary Clinton released a detailed technology and innovation agenda demonstrating her awareness of how vital our sector is to the success of the US economy. I am encouraged not only with the range of the issues she covered but an implicit awareness that our national strategy and economy require encouraging innovation through smart government strategy and free market principles.

I am calling on Donald Trump and Gary Johnson to follow suit and release a substantive agenda that specifically outlines their positions on technology and innovation issues. Where do they differ from Secretary Clinton? Where is there common ground? Do they have any plans at all on spectrum, investment, broadband, training and education, and competitiveness? If so, when will their plans be released? Although CTA does not seek government funding for our industry as a matter of principle, we ask that our immigration, tax, trade, communications and education policies reflect a recognition that the US can and should be the world's innovation leader. And our primacy in innovation pulls economic growth, creates jobs and is our best strategy for cutting the debt. The US technology sector is too critical to our country's future to be a policy afterthought.