The Retail Industry Leaders Association (RILA) Vice President of International Trade Hun Quach issued the following statement in response to the Trump Administration’s recent announcement that the U.S. will impose a 5 percent tariff on all Mexican imports beginning June 10.
“Threatening tariffs on Mexican imports while simultaneously seeking support in Congress for a trade deal aimed at keeping trade barriers low with Mexico is a confusing and counterproductive strategy.
“Whether the rhetorical target is Mexico or China, the bill is adding up for American consumers who will pay the price for these tariffs.”
As of this month, Americans have paid over $25 billion in tariffs, according to Tariffs Hurt the Heartland.
