empty
 
 

2025.08.2501:29:28UTC+00Trump Opens Furniture Tariff Investigation

President Donald Trump declared on Friday a significant tariff investigation focused on imported furniture, indicating the possibility of new duties in response to escalating prices in the industry. In a statement on Truth Social, Trump said, “Furniture entering the United States from other countries will be subject to tariffs at a rate yet to be determined.” The investigation, expected to conclude within 50 days, will be conducted under Section 232 of the national security statute, as confirmed by a White House official. This action might also serve as a contingency plan should courts overturn existing "reciprocal" tariffs previously levied on trading partners such as China, Canada, and Mexico. Trump emphasized that the initiative would rejuvenate domestic manufacturing: “This will bring the furniture business back to North Carolina, South Carolina, Michigan, and states throughout the Union.”

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback