Today, RILA Vice President of International Trade Hun Quach, issued the following statement regarding the Administration’s notice to Congress of its intent to renegotiate NAFTA:
"RILA welcomes the Administration's announcement to open talks with Mexico and Canada -- vital trading partners for the retail industry. We believe NAFTA is crucial to America's vitality and competitive standing in the global market. Through a proactive international trade agenda, retailers are able to provide millions of Americans with the goods they want and need at any time. As NAFTA negotiations commence, we will continue to provide the retail perspective every step of the way to the Administration and Congress as they seek to improve U.S. opportunities for American consumers and businesses."
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.