Today, Retail Industry Leaders Association (RILA) Vice President of International Trade Hun Quach issued the following statement in support of bipartisan legislation that would require congressional approval of certain tariffs:
“We applaud Senators Corker, Heitkamp, Alexander, Warner, Toomey and Schatz’s efforts to steer the trade agenda in the right direction. This amendment is a good start. A three-front trade war will lead to higher prices and greater uncertainty for American businesses and consumers. It is time for Congress to recognize that broadly implemented tariffs on everyday essentials will only harm American families.”
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.