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Trump’s 60% tariffs could push China to hobble tech industry growth
Tech industry urges more diplomacy as it faces Trump’s proposed sweeping tariffs.
A Chinese foreign ministry spokesperson, Wang Wenbin, confirmed that "China opposes the unilateral imposition of tariffs which violate World Trade Organization [WTO] rules and will take all necessary actions to protect its legitimate rights," CNN reported. Brzytwa warned that if Trump deepens US-China trade tensions, it would likely cause ripple effects across the US, potentially constricting access to the best tech available today, which would result in limited productivity across industry. Lovely has testified three times to Congress and plans to continue stressing what the negative impacts "might be for American manufacturers for consumers" from what she thinks are "rather extreme moves" expanding tariffs without clear purpose under both Trump and Biden.
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