Top tech lobbying group calls Mexico tariffs 'potentially devastating'
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Date: May 31, 2019 10:07AM
"Mexico is not only one of our top trading partners, it's the number one export market for American consumer technology sector products," Gary Shapiro, CTA's president and CEO, said in a statement.
The top export markets for U.S. consumer technology products include Mexico, Canada, Hong Kong, and China. Mexico has emerged as the biggest trading partner of the U.S., replacing China.
"'If Mexico reciprocates with tariffs of its own, our country's employers and workers will end up paying twice over for the administration's misguided trade policies," Shapiro added.