Retailers Call China Trade Announcement 'Right Direction' but Say a Final Deal is Needed

The National Retail Federation today welcomed news that the United States and China have agreed on a “phase one” trade deal.

“For the first time in months, the United States and China are moving in the right direction on tariffs, and we congratulate negotiators from both sides for the progress they have made,” NRF Senior Vice President for Government Relations David French said. “Tariffs create uncertainty and costs for American retail supply chains, and the trade war won’t be over until they are eliminated completely. We agree that we need to realign our relationship with China, but tariffs that harm...

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