Retailers Warn Of Growing Tariff Bill For American Businesses And Consumers

WASHINGTON — May 31, 2019 — The National Retail Federation issued the following statement from Senior Vice President for Government Relations David French in response to the Trump administration’s plans to impose a 5 percent tariff on all Mexican imports starting June 10.

“The growing tariff bill paid by U.S. businesses and consumers is adding up and will raise the cost of living for American families. Forcing Americans to pay more for produce, electronics, auto parts and clothes isn’t the answer to the nation’s immigration challenges, and this certainly won’t help move USMCA forward.”

In 2017, U.S. retailers imported $128 billion in goods from Mexico.

May 31, 2019

Source:  The National Retail Federation (NRF)