Daily News
From Home Furnishing Business
National Retail Federation Reacts to Tariff Delay
February 5,
2025 by Karen Parrish in Business Strategy, Industry 
The following statement may be attributed to National Retail Federation Executive Vice President of Government Relations David French regarding negotiations today that resulted in the Trump administration suspending tariffs on Canada and Mexico for a month.
“The announcement that tariffs for Mexico and Canada have been delayed is good news. This will allow for diplomatic solutions to be pursued in order to help stop the illegal trafficking of fentanyl into the United States as well as receiving more help from Canada and Mexico to secure our northern and southern borders. It is important that these talks continue in earnest with tangible results so that our long history of cooperation with our North American neighbors continues, and that massive new tariffs are seen only as a measure of last resort. The retail industry remains committed to working with all parties to ensure continued economic security and opportunity for the consumers we serve every day.”