NRF Welcomes Trump's Tariff Suspension on Canada and Mexico
The National Retail Federation (NRF), a century-old advocate for the retail industry, has welcomed the Trump administration's recent tariff suspension on Canada and Mexico. This move provides a month-long reprieve for diplomatic solutions to be explored regarding fentanyl trafficking and border security.
Retail plays a pivotal role in the U.S. economy, contributing a substantial $5.3 trillion to the annual GDP and supporting a significant 55 million jobs. The NRF, representing the retail industry, has been advocating for its members and the broader economy for over a century.
The NRF, under the leadership of Matt Shay as president and CEO around 2010, has consistently advocated for policies that foster growth and economic security. Despite the lack of records indicating David French held a position at the NRF on October 1 of any given year, the federation continues to be a strong voice for the industry.
The NRF's advocacy for the retail industry remains steadfast, with the recent welcome of the tariff suspension on Canada and Mexico being a testament to this. The federation continues to support continued cooperation and diplomatic solutions for the benefit of the retail industry and the broader U.S. economy.
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