National Retail Federation Releases Statement Concerning Tariffs

Washington, DC, August 8, 2018--The National Retail Federation issued a statement concerning the 25 percent tariff that is to be imposed on the $16 billion worth of goods from China effective August 23. NRF's president and CEO Matthew Shay released the following statement:

“This is just another step toward throwing away the benefits of tax reform that have given our nation’s economy a badly needed boost. These tariffs might be part of an effort to bring about fair trade with China, but as we’ve said before, all we have seen so far is a huge risk for American consumers and workers with no endgame in sight. It’s time to stop digging a deeper hole while we can still climb out.”