Reported 1 day ago
President Donald Trump announced that his administration will investigate furniture imports, leading to higher tariffs to be imposed within the next 50 days. The aim is to boost domestic furniture production in states like North and South Carolina, as prices have already risen due to previous tariff increases on imports from China and Vietnam, which account for a significant portion of U.S. furniture sales. This comes amidst broader tariffs on various imported goods.
Source: YAHOO