Press Release

NRF Responds to Tariff Delay for Canada and Mexico

For immediate release
February 3, 2025

WASHINGTON – The following statement may be attributed to National Retail Federation Executive Vice President of Government Relations David French regarding negotiations today that resulted in the Trump administration suspending tariffs on Canada and Mexico for a month.

“The announcement that tariffs for Mexico and Canada have been delayed is good news. This will allow for diplomatic solutions to be pursued in order to help stop the illegal trafficking of fentanyl into the United States as well as receiving more help from Canada and Mexico to secure our northern and southern borders. It is important that these talks continue in earnest with tangible results so that our long history of cooperation with our North American neighbors continues, and that massive new tariffs are seen only as a measure of last resort. The retail industry remains committed to working with all parties to ensure continued economic security and opportunity for the consumers we serve every day.”

About NRF
The National Retail Federation passionately advocates for the people, brands, policies and ideas that help retail succeed. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $5.3 trillion to annual GDP and supporting more than one in four U.S. jobs — 55 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. nrf.com

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