US Furniture Retailers Brace for Trump’s 30-50% Tariffs
The Home Furnishings Association warns that Trump’s new 30-50% tariffs on furniture could hike costs, dampen demand and force retailers to rethink sourcing before Oct. 1.
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The Home Furnishings Association warns that Trump’s new 30-50% tariffs on furniture could hike costs, dampen demand and force retailers to rethink sourcing before Oct. 1.
President Trump kicked off a Section 232 probe on furniture imports, targeting higher duties after a 7% rise in imports and job losses in U.S. wood products. What’s next?