Self-Inflicted Wound to the US Economy
No way to close the US-Mexico border Without inflicting serious damage to US economy The National Retail Federation (NRF) sent a letter to Trump administration officials expressing concerns over ongoing threats to close the United States-Mexico border and outlining how a closure would hurt U.S. retailers, workers and consumers. “We share the administration’s goal of fixing the nation’s broken immigration system and enhancing border security,” NRF President and CEO Matthew Shay said. “However, there is no way to close the U.S-Mexico border without inflicting serious damage to the American economy.” U.S. trade with Mexico exceeds $1.7 billion each day. American retailers and consumers rely on Mexico for many products. “Closing the border for any length of time would result in significant supply chain disruptions for U.S. retailers,” Shay said. “These disruptions would reverberate throughout the supply chain, impacting everyone from truckers to warehouse work...