CTA Applauds Tariff Pause
April 9, 2025
The following statement is attributed to Gary Shapiro, CEO and Vice Chair of the Consumer Technology Association (CTA)®:
"Today's announcement is a victory for American consumers. We appreciate President Trump's willingness to pause most tariffs for 90 days and encourage him to fully revoke them. While this is great news, we are hearing directly from our members that the ongoing additional 10% universal baseline tariffs and this continued uncertainty, are already hurting American small businesses. CTA urges President Trump to focus his efforts on what he does best, dealmaking. Now is the time to reposition the United States with our allies as a reliable trading partner while growing the American and global economy."
International trade is vital to the consumer technology sector. Global supply chains are intricate and often take decades to develop. Unfair trade practices should be addressed at the World Trade Organization and with our global allies. Opening global markets, not closing them, spurs economic competitiveness.