Tuesday, October 21, 2025

Prices Already Climbing As Trump Signals Higher Furniture Tariffs Within 50 Days

President Donald Trump said he has directed an investigation into furniture imports that he expects will result in higher tariffs by October.

“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,” he wrote on Truth Social. “This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union.”

Price data already show pressure. Furniture and bedding in the CPI rose 0.4% in June and 0.9% in July after roughly two and a half years of mostly deflationary prints. “Other furniture” categories—office, recreation, patio—posted month-over-month gains of 1.5% in May, 1.6% in June, and 1.5% in July, reversing prior declines tied to fading pandemic nesting demand.

The move sits alongside the administration’s consideration of higher tariff levels on imported copper, semiconductors, and pharmaceuticals.

China and Vietnam are the top sources of imported furniture, and both exported $12 billion worth of furniture and fixtures to the US last year, according to Commerce Department data. The administration has already raised tariffs on several countries, including these two, a shift that coincided with the recent acceleration in sticker prices.


Information for this story was found via CTV and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Trump Threatens 25% Tariffs on Apple, Samsung Smartphones

President Donald Trump threatened Friday to impose 25% tariffs on Apple iPhones and Samsung smartphones...

Monday, May 26, 2025, 02:12:00 PM

US Warns Blanket 10% Levy To 100 Nations as Truce on Trump Tariffs Runs Out

The 90-day truce that has kept most of President Donald Trump’s “reciprocal” import taxes at...

Monday, July 7, 2025, 10:44:00 AM

BMO Tightens Lending Criteria for Tariff-Impacted Borrowers

The Bank of Montreal (TSX: BMO) has announced significant restrictions to its lending policies for...

Monday, March 24, 2025, 02:14:00 PM

Ford Raises Prices on Mexico-Made Vehicles

President Trump’s tariff policies are now affecting consumer prices as Ford Motor Company (NYSE: F)...

Thursday, May 8, 2025, 07:48:24 AM

China Hits Back: Halts $40B Boeing Order, Restricts US Tech Firms

China has launched a sweeping and strategic retaliation against the US in response to long-standing...

Wednesday, April 16, 2025, 10:40:00 AM