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 Feature How culture and strategic partnerships help fuel transformation Marc Hale, CTO for AIA New Zealand, recently spoke with Cathy O’Sullivan, editor for CIO New Zealand, about navigating the complexities of digital transformation, and focusing on culture to enable healthier outcomes for customers. By CIO staff Mar 22, 2023 7 mins CTO Digital Transformation Change Management Feature 10 things CIOs wish they knew from the start Go slower. Network. Tell stories. Get training. Be kind. CIOs have plenty of advice they’d give to their younger selves if they could. By Martin Veitch Mar 22, 2023 7 mins CIO Careers IT Management Interview CIO Karriem Shakoor on harnessing the power of data democratization The UL Solutions tech chief aims to empower business stakeholders and improve marketing and sales effectiveness through comprehensive data transformation. By Martha Heller Mar 22, 2023 5 mins Data Management IT Leadership News Nvidia accelerates enterprise adoption of generative AI Nvidia’s AI Foundations as-a-service offering aims to help enterprises build and run AI models that generate text, graphics, and even proteins. By Peter Sayer Mar 21, 2023 5 mins Cloud Management Infrastructure Management Artificial Intelligence 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