The Retail Industry Leaders Association (RILA) president Brian Dodge issued the following statement ahead of the new trade deal with Mexico and Canada (USMCA) entering into force on July 1:
“The new U.S.-Mexico-Canada Agreement strengthens two of our most important trading relationships and creates certainty for retailers to invest, plan for the future, create jobs, and provide consumers with the widest possible selection of affordable and quality products. Never has that been more important than during the economic crisis brought on by the COVID-19 outbreak.
“To build on today’s momentum, leading retailers call on the President to finalize additional trade deals that remove tariff and non-tariff barriers, open markets to American products, and improve U.S. competitiveness globally. Removing tariffs would deliver a much-needed boost in liquidity that retailers will use to rehire and rebuild. We urge the Administration to move expeditiously on trade agreements to help get the economy back on track.”
RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.
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.