Praise for White House Implementation of Section 301 Tariffs on High-Tech Goods from China
The Coalition for a Prosperous America (CPA), which includes more than 4 million members in the manufacturing, agricultural, and labor sectors, today strongly praised the Trump Administration’s implementation of new tariffs on $50 billion worth of Chinese goods produced via intellectual property theft, forced technology transfer and cyber attacks. CPA sees this Section 301 tariff action as crucial in combating China’s aggressive efforts to seize economic dominance of key advanced technology sectors.
Dan DiMicco, CPA Chairman, said, “This is a bold, brave, and necessary step, both to hold China accountable for its hostile actions and to ensure the future viability of key U.S. high-tech sectors. There should be no mistaking China’s hostile behavior, and we commend the president and his trade team of Lighthizer, Ross, and Navarro for taking action. All of the evidence for China’s unacceptable behavior, and the implications for the U.S. economy, are available in the administration’s Section 301 report. Whether it’s the technology theft conducted by China and its government-owned companies, or the coercive practices that force U.S. companies to yield proprietary intellectual property, this is an ugly situation that cannot continue.”[more...]