Swedish superstore Ikea always makes consumer value a top priority, to the point that the company saw a dip in profits in 2024 after it lowered prices further on many of its products. In the president ...
President Donald Trump threated to impose “substantial Tariffs on any Country that does not make its furniture in the United States,” he wrote in a Truth Social post on Monday. “Details to follow!!!” ...
While the tariffs will impact everyone to some degree, experts say more of the pain will be felt by lower-income consumers.
IKEA has responded to President Donald Trump ’s decision to put new tariffs on imported furniture, saying American shoppers could soon see higher prices. The Swedish retailer said its goal is to keep ...
President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on imported kitchen cabinets, bathroom vanities and upholstered furniture, with the rate ...
Donald Trump has unveiled a new suite of tariffs on timber and wood furniture, as he escalated his trade war in the name of US national security and boosting domestic manufacturing.
The announcement follows Trump’s earlier decision to levy a 50% tariff on imported kitchen cabinets and vanities and a 30% duty on upholstered furniture, set to take effect on October 1.
President Trump on Monday night announced tariffs of 10% on softwood timber and lumber alongside a 25% tariff on "certain upholstered wooden products" due to take effect on October 14, according to ...
Trump imposes 10% tariffs on timber, 25% on kitchen cabinets and furniture, citing national security. Duties on furniture set to rise in 2026 if no agreement reached ...
President Donald Trump ordered new tariffs Monday on imported lumber, cabinets and furniture, as the administration targets Chinese manufacturers.
President Trump announced “substantial tariffs” on imported furniture Monday, without providing details, in an effort to promote North Carolina manufacturers. “In order to make North Carolina, ...