Retail, other sectors announce coalition opposing border adjustable tax

More than 100 companies and industry organizations have formed a coalition, "Americans for Affordable Products," to oppose the border adjustable tax portion of the House Republican tax reform blueprint, a provision some analysts say could lead to a World Trade Organization dispute resulting in massive retaliation against the U.S. The coalition will engage in a "national campaign" to convince lawmakers and the public that a border adjustable tax as envisioned in the House GOP blueprint will increase the costs of...