NRF & AAFA welcome US-China tariff break, call for permanent solution

American organisations NRF and AAFA have welcomed the US-China 90-day tariff pause, offering short-term relief for retailers ahead of the holiday season.
However, they stressed that unresolved trade issues and residual tariffs—up to 30 per cent—continue to burden businesses.
Both associations urged a long-term deal to ensure trade stability and predictable investment decisions.Read More