National Retail Federation – World’s Largest Retail Trade Association – Endorses Cantwell’s Bipartisan Trade Review Act
WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, announced that the National Retail Federation (NRF) sent a letter endorsing her bipartisan Trade Review Act.
The NRF is the world’s largest retail trade association. In the letter, David French, the NRF’s Executive Vice President, Government Relations, writes:
“The Trade Review Act of 2025 will provide Congress with the opportunity to review and vote on whether to keep announced tariff actions in place. Requiring an explanation as well as an assessment of the tariff actions from the administration is critical. We have seen that the recently announced ‘reciprocal’ tariffs will have a significant negative impact on businesses, especially small retailers. One estimate indicates these tariffs could lead to a $2,100 tax increase per household. The increased tariffs are not sustainable for small businesses that have to pay the tax. Many are concerned about their ability to stay in business as a result.”
“We applaud you for introducing such important legislation to reassert Congress’s role in setting trade and tariff policy. We strongly urge the Senate to quickly support and pass the bill.”
Sen. Cantwell introduced the bipartisan bill on Thursday to reaffirm Congress’ key role in setting and approving U.S. trade policy, and reestablish limits on the president’s ability to impose unilateral tariffs.
The bill has since picked up 12 additional cosponsors – an equal mix of Republicans and Democrats – and been endorsed by multiple major U.S. business organizations, including the Retail Industry Leaders Association and the Main Street Alliance.
Next Article Previous Article