U.S policy makers should resist the urge to implement protectionist policies to stem the increasing flow of Chinese high-tech exports to the U.S., according to a report released by the American Electronics Association (AEA).U.S. high-tech exports to China have risen 191 percent since 1998, while Chinese high-tech exports to the U.S. have risen even faster, up 320 percent to US$52 billion, the AEA said, citing U.S. Census Bureau figures. This dramatic increase has contributed to the trade imbalance between the U.S. and China, AEA said, but it advised U.S. policy makers against taking hasty action.Raising tariffs on Chinese goods will only lead to increased prices for U.S. consumers, AEA said. “We would be shooting ourselves in the foot,” it said.In addition, China is an increasingly important market for U.S. technology exports. U.S. exports to China totalled US$8.7 billion in 2004, AEA said. But those figures only tell part of the story. If U.S. exports to Hong Kong, which totalled US$7.7 billion in 2004, are included, China is the third-largest consumer of U.S. high-tech exports, AEA said. The increasing high-tech exports to China is good news for the U.S. economy. “Higher exports invariably create more American jobs,” the report said.According to the AEA, the top 10 markets for U.S. high-tech are, in descending order: Mexico, Canada, Japan, the U.K., South Korea, China, Taiwan, Germany, Singapore and Hong Kong. By Sumner Lemon, IDG News Service Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe