CompTIA, the leading trade association for the global technology industry, released the following statement from Stefanie Holland, vice president for federal and global policy, regarding President Trump’s announcement that tariffs on $200 billion of Chinese goods will increase from 10% to 25% this week and potentially a 25% tariff on the remaining $325 billion of imports from China.
“The existing tariffs are hurting American technology companies and an increase will only do more harm to businesses and consumers who rely on technology to improve their lives at home and work. Barriers to trade do not foster long-term economic growth and will only negatively impact products that are designed, developed, and manufactured in the United States by innovative companies that greatly contributed to unprecedented GDP and job growth over the past 10 years.
“We encourage the U.S. and China to continue negotiations in order to strike a deal that protects American technology companies and does not punish consumers.”
CompTIAis leading efforts in Washington and abroad to ensure American companies are treated fairly in all trade deals.
For more information about CompTIA’s global trade programs and other work CompTIA is doing, visit our website.
Steve Ostrowski
Senior Director, Corporate Communications
(630) 678 - 8468
sostrowski@comptia.org
$2.12 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.6% of the national economy.
694,846 – Number of tech business establishments in the U.S.
9.6 million – U.S. net tech employment at the end of 2024.
Tech employment declined by about 32,000 jobs last year, so I suggest we replace this item with one or both of the following:
5.4 million – Number of postings by U.S. employers for tech job openings during 2024.
