Reported 1 day ago
President Trump announced a significant tariff investigation on furniture imports to the United States, aimed at potentially imposing higher duties on products primarily sourced from Vietnam and China. This investigation, expected to take about 50 days, follows a rise in consumer prices for home furnishings. Industry responses highlight concerns that tariffs may not revive domestic manufacturing to prior levels and that the legal basis for such tariffs is questionable regarding national security.
Source: YAHOO