WASHINGTON – The National Retail Federation issued the following statement from President and CEO Matthew Shay after the Trump administration announced plans to lift steel and aluminum tariffs on Canada and Mexico.
“We applaud the administration for reaching a resolution with Canada and Mexico on the steel and aluminum tariffs. Lifting these tariffs will support consumer confidence and provide much-needed relief for American businesses large and small. Congress should build on this progress by passing USMCA and modernizing the rules for North American trade.”
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. 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 $2.6 trillion to annual GDP and supporting one in four U.S. jobs — 42 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.