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The National Retail Federation( NRF), world’ s largest retail trade association, released a statement regarding the Trump administration’ s plan to move forward with additional tariffs on Chinese goods.
President Donald Trump recently declared that US trade Representative would begin to impose 10 per cent tariffs on Chinese goods ranging from food to fabrics to industrial chemicals. The imposed tariffs would ultimately harm the US businesses and consumers by raising the prices on imported goods from China. Whenever a trade war escalates, the risk to US consumers grows. With the implementation of latest tariffs, many hardworking Americans
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will start thinking about their high shopping bills along with stretched budgets. Also, thousands of businesses have been testified and explained to the administration since tariffs are a tax on American families. Many Americans have been impacted but still the administration continues to implement the harmful tariff policies that threaten to weaken the US economy.
NRF and more than 100 organisations have recently launched a multi-industry coalition,‘ Americans for Free Trade’ which is intended to oppose tariffs and highlight the benefits of the international trade to the US Economy. Moreover, the new coalition is also coordinating
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with the farmers for free trade in a multi-million-dollar national campaign known as‘ Tariffs Hurt the Heartland’. The campaign’ s prior focus is on telling the stories of the American businesses, |
farmers, workers, and families affected by tariffs through townhall style, grassroots outreach to Congress and the administration, social media, rapid response, and digital advertising. |