Retailers urge President Trump to prioritize renewing TCJA

Tariffs risk destabilizing the North American economy

By [ Michael Hanson ]
Washington, DC
03/04/2025

The Retail Industry Leaders Association (RILA) issued the following statement ahead of President Trump’s remarks before a joint session of Congress:

"The American people will be listening tonight to hear President Trump explain his plan to bring down costs and grow the U.S. economy. American families face a growing stack of tariffs that will impact everyday items. Tariffs on Canada and Mexico in particular risk destabilizing the North American economy and further pinching household budgets," said Michael Hanson, RILA’s senior executive vice president, public affairs.

"Americans want to see a booming economy and lower costs. President Trump already has the playbook to do just that — the Tax Cuts and Jobs Act of 2017 made the U.S. economy the envy of the world. The nation’s leading retailers are ready to help President Trump and Congress implement that playbook once again, championing tax policies that support retail workers, communities and consumers."

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RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.

RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $2.7 trillion in annual sales, millions of American jobs, and hundreds of thousands of stores, manufacturing facilities, and distribution centers domestically and abroad.