Retailers are paying close attention to many potential policy changes that may come along under the new, GOP-controlled Congress, but one in particular that has them on the edge of their seats.
Retailers are concerned about the border-adjustment tax proposed by House Republicans as part of a broader tax reform plan, said David French, senior vice president of government relations at retail trade group the National Retail Federation (NRF). Supporters in the House say the tax change would spur manufacturing—and manufacturing jobs— in the US.
