The U.S. high-tech industry has produced one of the greatest innovation stories in history, resulting in millions of jobs and trillions in investment and economic growth.

For this reason, foreign nations look at the U.S. technology industry as an imposing economic locomotive built to disrupt the future. American-led technology creates huge economic value globally. But rather than thoughtfully dealing with any growth problems, some would rather derail it with flawed, self-serving schemes that target U.S. success and make consumers pay the price.