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CTA CEO: Tariffs Will Hurt All Americans & Isolate U.S. From the World

April 2, 2025

  • Ed Frank Director, Policy Communications

The following statement is attributed to Gary Shapiro, CEO and Vice Chair of the Consumer Technology Association (CTA)®

President Trump’s sweeping global and reciprocal tariffs are massive tax hikes on Americans that will drive inflation, kill jobs on Main Street, and may cause a recession for the U.S. economy. These tariffs will raise consumer prices and will force our trade partners to retaliate. Americans will become poorer because of these tariffs. This will not be a golden age – but a return to the global economic catastrophe of the Smoot-Hawley tariffs of the 1930s that will disproportionately hurt low income and hardworking Americans.  

“Make no mistake: American consumers, families, and workers will feel real pain, and elected policymakers in Washington will be held accountable by voters.”  

 

About Consumer Technology Association (CTA)®:  
As North America’s largest technology trade association, CTA is the tech sector. Our members are the world’s leading innovators – from startups to global brands – helping support more than 18 million American jobs. CTA owns and produces CES® – the most powerful tech event in the world. Find us at CTA.tech. Follow us @CTAtech
About CES®: 
CES is the most powerful tech event in the world – the proving ground for breakthrough technologies and global innovators. This is where the world's biggest brands do business and meet new partners, and the sharpest innovators hit the stage. Owned and produced by the Consumer Technology Association (CTA)®, CES features every aspect of the tech sector. CES 2026 takes place Jan. 6-9, 2026, in Las Vegas. Learn more at CES.tech and follow CES on social
Trade and Tariffs

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.

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