While we support efforts to hold China accountable for its acts, policies, and practices regarding intellectual property rights theft, forced technology transfers, and innovation, we do not believe tariffs are an effective approach to eliminating these measures and changing China’s behavior. For the last four years, we have raised concerns that imposing tariffs would have little positive impact on Chinese behavior and disproportionate negative economic impacts on American businesses, workers, and consumers. Unfortunately, that concern has become a reality.
