U.S. retailers are working with lawmakers in the House and Senate to craft alternatives to a proposed tax on imported goods that they say will raise prices for consumers.
“We’re in the process of working with the Hill to give a couple of different alternatives to what we think would be a regressive tax,” J.C. Penney Co. CEO Marvin Ellison said Friday in an interview.
Ellison was part of a group of retail CEOs that met with President Donald Trump last week.
