The Daily Signal

Trump, Tariffs, and Tech: Gary Shapiro's Unfiltered Take

Apr 20, 2025
Gary Shapiro, CEO of the Consumer Technology Association and author of "Pivot or Die," dives into the contrasting business policies of the Trump and Biden administrations. He argues for reduced regulations and tariffs to boost economic growth and stresses the U.S. need to lead in technologies like AI and quantum computing to stay competitive against China. Shapiro also emphasizes the importance of private sector innovation and adaptive leadership, recounting how these elements play critical roles amidst economic challenges.
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INSIGHT

Impact of Tariffs and Regulations

  • Tariffs effectively act as taxes paid by consumers, increasing costs especially for low-income Americans.
  • Reducing regulations and government spending is essential for economic growth and lowering inflation.
ADVICE

Immigration Reform for Innovation

  • Reform immigration to prioritize skilled workers like nurses, doctors, and engineers.
  • Cut chain immigration by requiring financial responsibility for relatives brought into the country.
INSIGHT

China's Tech Advances

  • China aggressively advances technology with centralized data control and lacks privacy constraints.
  • They graduate about a million engineers yearly and pursue AI, robotics, and quantum computing intensely.
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