The furniture business, rattled all summer by chaotic on-again, off-again tariffs, had just begun to settle into the new global trade order when a surprise post by President Trump on Friday afternoon once again sent CEOs scrambling.
“I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States,” Trump wrote in a post on Truth Social. “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.”
Thus far, the president’s trade policies have impacted the industry in a roundabout fashion—steel and alumi