In recent years both China and the United States have moved beyond threats to start closing doors to one another in high technology. In a new report titled “Assessing the Cost of Tariffs on the US ICT Competitiveness: Modeling US-China Tariffs,” commissioned by the United States Chamber of Commerce, we offer a quantitative assessment of the impact of barriers to US-China ICT trade based on bilateral tariff escalation under the US Section 301 case. In this note, we offer key conclusions from our analysis. Even if some of those tariffs are lifted in a trade deal in coming weeks, barriers to bilateral tech trade and investment are likely to remain in place if not intensify.
