US President Trump announces major tariff investigation on US furniture imports, expects completion within 50 days.
- Tariff rate is yet to be determined.
-
Full Post: "I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States. Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined. This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union. Thank you for your attention to this matter!"
Reaction details (21:22)
- WSM -2.2%
- W -5%
- RH -6.5%
Analysis details (21:22)
- Of note for Williams Sonoma (WSM), Wayfair (W), RH (RH).
22 Aug 2025 - 21:20- ForexGeopolitical- Source: Truth Social
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