Study predicts retailers face near-term cost of $15.8B if U.S. exits NAFTA
This study was done in partnership with the National Retail Federation (NRF), Washington, D.C.; Retail Industry Leaders Association (RILA), Arlington County, Va.; and Food Marketing Institute (FMI), Arlington, Va.
The near-term cost to retailers of exiting NAFTA (North American Free Trade Agreement) is estimated at $15.8 billion, according to a study released by A.T. Kearney, Chicago.
The study, “How NAFTA Affects US Retail,” quantifies the impact of a potential withdrawal from the treaty, and outlines what changes retailers should expect in the event that the United States exits from the pact.