SIA Welcomes Administration’s U.S.-China Trade Plan and Opportunity to Provide Input on Tariff Exclusion Process
Wednesday, Oct 06, 2021, 2:30pm
by Semiconductor Industry Association
WASHINGTON—Oct. 6, 2021—The Semiconductor Industry Association (SIA) today released the following statement from President and CEO John Neuffer in response to recent remarks by U.S. Trade Representative Katherine Tai regarding the U.S.-China trade relationship.
“SIA welcomes the Biden-Harris Administration’s new plan to tackle challenges facing the U.S.-China trade relationship, as well as its focus on ensuring U.S. trade policies protect the interests of American workers and businesses, including U.S. semiconductor companies. We continue to strongly believe tariffs on semiconductors and associated products are, in effect, a damaging tax on U.S. chipmakers and consumers. We welcome the Biden Administration’s decision to resume the tariff exclusion process, which is important to relieve unnecessary burdens on our economy, and look forward to providing input into this process.”
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The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs over a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $208 billion in 2020. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.