Retail association CEO says Trump tariffs are a 'no-win situation'
President Trump’s tariffs create a “no-win situation” for the retail sector, Rick Helfenbein, president and CEO of the American Apparel and Footwear Association (AAFA), told YFi AM, the day after Trump threatened to impose a 5% tariff on all goods entering the U.S. from Mexico. This comes off the heels of Trump authorizing the United States trade representative to take steps to raise tariffs on $300 billion of Chinese goods.