February 20, 2026 – NAW urges the Administration to move quickly to return tariff revenues to the American businesses that paid them. Putting those dollars back into the hands of job creators will immediately strengthen cash flow, unlock capital investment, and provide a meaningful boost to the broader economy. Wholesaler-distributors operate on thin margins while keeping America’s supply chains moving. Returning tariff funds will allow distributors to reinvest in inventory, infrastructure, technology, and workforce growth. A prompt, orderly refund process will deliver real economic impact.

About NAW
The National Association of Wholesaler-Distributors (NAW) is one of America’s leading trade associations, representing the $8.2 trillion wholesale distribution industry. Founded in 1946, NAW includes national, regional, and state employers of all sizes, as well as industry trade associations and stakeholders across every distribution sector. The industry employs over 6 million workers nationwide and accounts for nearly one-third of U.S. GDP. Learn more at www.naw.org.

Media Contact: Meghan Cieslak, [email protected]