Today, the Retail Industry Leaders Association (RILA), the trade association for America's largest and most innovative retail brands, welcomed President Trump's decision to delay the March 1st tariff hike on thousands of everyday consumer products.
"We commend the President's decision to delay the tariff increase on thousands of everyday products that millions of American families want and need. These ongoing negotiations have been hanging over America's retailers causing uncertainty throughout our supply chain.
"The President has made the right decision to delay the tariff increase on $200 billion worth of goods. We look forward to continuing our work with Congress and the Administration to quickly find a path forward that removes all tariffs on everyday consumer products," said Hun Quach, vice president of international trade for RILA.
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 reimagine and transform the retail ecosystem - and equip leading retailers to succeed in it.
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.