A coalition comprised of the National Retail Federation and other associations is urging President Donald Trump’s administration to rethink its proposed import tariffs.
New tariffs, reduced retail spending, and lost jobs are among the outcomes if the United States exits the 24-year-old North American Free Trade Agreement.
The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would take a big toll on the U.S. economy.