Retailers warn of growing tariff bill for American businesses
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The National Retail Federation (NRF) responded to the Trump administration’s plans to impose a five percent tariff on all Mexican imports starting June 10.
“The growing tariff bill paid by U.S. businesses and consumers is adding up and will raise the cost of living for American families,” said David French, senior vice president for government relations
In 2017, U.S. retailers imported $128 billion in goods from Mexico.