Reported 19 days ago
As new tariffs on imported kitchen cabinets and wooden furniture take effect, U.S. companies in the home improvement sector hope for increased domestic production and business growth. However, many small business owners anticipate immediate challenges, as customers may delay renovations due to rising costs. While some businesses plan to absorb the tariff costs to maintain customer demand, others fear a reduction in product variety and heightened prices could dampen consumer confidence.
Source: YAHOO