Today, the Retail Industry Leaders Association (RILA), issued the following statement in response to the President Trump’s executive orders on trade:
“Global supply chains are essential for every American consumer. Open, global markets are key to supporting U.S. businesses-- saving customers millions of dollars while meeting American consumers’ demands for products anytime, anywhere. In addition, the movement of goods from shore to shelf is a tremendous driver of the U.S. economy and supports millions of American jobs throughout the retail supply chain. That is why RILA has long-championed the benefits of international trade.
“We are committed to work with the Administration and Congress to promote sound trade policies that help American retailers to continue to create jobs here at home while saving American families millions of dollars each year. This includes the U.S. adopting a prospective collection system to improve the collection of antidumping and countervailing duties, which would decrease supply chain uncertainty and enhance U.S. competitiveness."
RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.