RILA Applauds President's Decision to Meet with Xi
- Arlington, VA
- 10/25/2018
Retail Industry Leaders Association (RILA) President Sandy Kennedy sent a letter to President Trump applauding the Administration’s plan to meet with Chinese President Xi Jinping at the G20 Summit next month. The letter highlights the retailers’ desire to work with the administration to seek a resolution to the trade dispute that is good for American consumers.
Highlights below:
“As you prepare to meet with President Xi, we stand ready to provide you with support in helping you reach an agreement that achieves our shared goals before tariffs slow our economic growth and hurt American families.”
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“RILA applauds your decision to meet directly with President Xi Jinping in November to press for a fair resolution with China. Fostering an open dialogue, and your direct engagement with President Xi, is vital to resolving this trade dispute and ensuring it does not undermine our nation’s record-setting economic expansion and hurt American families.”
“America’s retailers support your Administration’s efforts to ensure that our trading partners abide by the rules. Using targeted trade actions against intellectual property theft, unfair dumping or subsidies, and other proven trade violations are solutions we fully support.”
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“However, retailers are concerned about the broad application of section 301 tariffs on common consumer products. While we appreciate that some product categories were removed through the USTR comment process, thousands more continue to face tariffs, especially given the lack of product exclusion process for the most recent round of imposed tariffs. We worry about the long-term negative impact these tariffs will have on American families and our nation’s economy.”
The full letter to President Trump can be read here.
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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.
