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NRF hails decision by US to delay collection of import duties
来源： 编辑：编辑部 发布：2020/04/25 09:50:28
THE US National Retail Federation's CEO Matthew Shay has welcomed the Trump Administration's announcement to delay the collection of import duties amid the Coronavirus pandemic, reported the American Journal of Transportation.
"The White House announcement that the government is providing a limited duty deferral for importers is welcome news to retailers struggling to find any good news during this extremely difficult time," said Mr Shay.
"We encourage the administration to broaden these deferrals for additional relief. Retailers don't build stores, buy products and hire associates only to close their doors for weeks at a time.
"The challenges to the retail industry brought on by this pandemic are severely acute, at best. This deferral provides some retailers with additional liquidity and better cash flow, giving hope for business continuity and a faster recovery once the pandemic has passed."
"The White House announcement that the government is providing a limited duty deferral for importers is welcome news to retailers struggling to find any good news during this extremely difficult time," said Mr Shay.
"We encourage the administration to broaden these deferrals for additional relief. Retailers don't build stores, buy products and hire associates only to close their doors for weeks at a time.
"The challenges to the retail industry brought on by this pandemic are severely acute, at best. This deferral provides some retailers with additional liquidity and better cash flow, giving hope for business continuity and a faster recovery once the pandemic has passed."