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Target, Gap, Best Buy among retailers headed to Washington to oppose border tax: report

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Clothing is one of the major categories that would be impacted by a border tax.

Chief executives from Target Corp., Gap Inc., Best Buy Co., AutoZone Inc. and other retailers will be in Washington, D.C., to meet with congressional leaders and President Trump on Wednesday in opposition to a proposed border adjustment tax, Reuters reports.

MarketWatch has reached out to representatives of the companies for comment.

“Given that retail is the largest private sector American employer, retailers support sound policies that spur economic growth and job creation,” said Brian Dodge, senior executive vice president of public affairs at the Retail Industry Leaders Association, in a statement Tuesday.

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