NRF Urges Football Fans to Tell Congress to End Trade War, Remove All Tariffs
Football fans will “need to be aware” this fall that Section 301 tariffs ranging from 15 to 30 percent on Chinese goods “will drive up the price of everything from footballs and TVs to portable grills and fanwear,” blogged the National Retail Federation Monday. “Fans who prefer to watch the game from the comfort of their couch won’t be spared,” said NRF. “Americans would pay $711 million more than they otherwise would for a television hit with 25 percent tariffs,” it said, citing a Trade Partnership report it commissioned in June. Tariffs of 15 percent took effect Sept. 1 on finished TVs from China, among other goods on List 4A. “Think of these tariffs as 15- to 30-yard penalties between you and the goal of a fun weekend afternoon with your favorite team,” said NRF. “As you take a break during halftime, take a moment to tell Congress to end the trade war and remove all tariffs.”