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FROM THE EDITOR

Retail Sector Takes Stand Against Proposed Tax Policy

US retailers are concerned about a potential “border adjustable” tax that could dramatically affect business. CEOs and executives of Target, Best Buy, Gap, J.C. Penney, Walgreens Boots Alliance, Autozone, Jo-Ann Fabric, Craft Stores, and Tractor Supply, among others, have met with President Trump to argue that a tax on imports under discussion by the House would cause serious damage to their bottom lines. The retailers believe that the proposal would result in a rise in prices for US consumers, according to the Wall Street Journal. Mr. Trump’s position on the idea is not clear. It’s a reminder that the “new normal” in business under the current Administration promises to be a climate of unprecedented disruption, one in which companies will be forced to take stances on public policy.

John Howell, Editorial Director

News & Blogs

36 min 52 sec ago

The Global Impact Investing Network is a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing around the world. The GIIN builds critical infrastructure and supports activities, education, and research that help accelerate the development of a coherent impact investing industry.


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