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Analysis of Section 301 Tariff Impacts on Imports of Consumer Technology Products (CTA)

작성 2022.08.16 조회 290

Analysis of Section 301 Tariff Impacts on Imports of Consumer Technology Products

 

 

 

July 2022

Consumer Technology Association

 

 

The threat of Section 301 tariffs on U.S. imports from China held particular risks for the consumer technology industry given its reliance on China for final assembly of many tech products. While much of the value (e.g., design, software, components) of tech products comes from other countries, including the United States, the final assembly location and cost of the completed product were generally the key factors in whether imports might become subject to punitive tariffs and how much.

 

From this standpoint, consumer tech companies started off at a distinct disadvantage. About 45% of U.S. consumer tech imports came from China in 2017, about twice the U.S. total and three times higher than nontech imports. Sectors with high shares of imports from China (e.g., furniture and fixtures) had much lower import values. It would be hard to draft a Section 301 product list that did not prominently feature tech products. 

 

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