Dec 03, 2018 – CompTIA, the leading trade association for the global technology industry, issued the following statement from CompTIA Executive Vice President for Public Advocacy Elizabeth Hyman regarding the Dec. 2 decision by the White House to not impose new tariffs for 90 days while continuing discussions with China over trade.
“A delay in the levying of 25% tariffs and a return to the negotiating table are two positive actions that give companies a 90-day reprieve from more harmful taxes. However, no long-lasting solution has been accomplished yet.
“Thus far, the current trade war has only hurt American consumers and companies. Products are more expensive for consumers and companies have seen their profits thinned. Even during this 90-day negotiation period, many of the damaging tariffs will continue to stand.
“We urge U.S. and Chinese officials to come together and achieve permanent outcomes that will provide tech companies with certainty on a wide variety of issues to include intellectual property protection, cybersecurity, market access and cross-border data flows.”