RILA Statement on Tariff Announcement

By [ Michael Hanson ]
Washington, DC
02/01/2025

The Retail Industry Leaders Association (RILA) issued the following statement.

“We understand the president is working toward an agreement. The leaders of all four nations should come together and work to reach a deal before Feb. 4 because enacting broad-based tariffs will be disruptive to the U.S. economy. The American people are counting on President Trump to grow the U.S. economy and lower inflation, and broad-based tariffs will put that at risk,” said Michael Hanson, Senior Executive Vice President of Public Affairs.

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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.