President Donald Trump announced Monday that he will be imposing “substantial” tariffs on any country that does not purchase American-made furniture, presumably in addition to his sweeping so-called “reciprocal tariffs” already placed on hundreds of nations.
“In order to make North Carolina, which has completely lost its furniture business to China, and other Countries, GREAT again, I will be imposing substantial Tariffs on any Country that does not make its furniture in the United States,” Trump wrote on his social media platform Truth Social. “Details to follow!!! President DJT”
The North Carolinian furniture industry has indeed suffered significant losses due in large part to China, which has increased its exports of cheap furniture to the United States. Between 1999 and 2009, the furniture manufacturing industry in North Carolina lost more than half of its jobs, one of the many sectors that suffered following the adoption of the NAFTA trade agreements.
Whether Trump’s pledge would boost domestic furniture manufacturing remains to be seen, though the pledge comes just shortly after the president
declared war on foreign filmsin a similar online post in which he announced he would be imposing a 100% tariff on all foreign films.