Trump: Furniture tariff will be done pretty quickly

Trump: Furniture tariff will be done pretty quickly

President Donald Trump has initiated a 50-day investigation into imported furniture, aiming to impose tariffs to boost domestic manufacturing. This move follows his broader protectionist trade policies and is part of an ongoing effort to reshor manufacturing jobs.

The investigation, announced on July 28, 2025, will determine the tariff rate on furniture entering the U.S. within the next 50 days. Trump stated that the goal is to bring the furniture industry back to key states such as North Carolina, South Carolina, and Michigan [2].

Analysts warn that increased tariffs could raise the cost of imported furniture for consumers and businesses. The extent of the impact will depend on the final tariff rate and the availability of U.S.-made furniture to meet domestic demand. The administration has not provided specific details on the methodology or criteria for determining the tariff rate, nor has it outlined which countries or manufacturers will be affected [2].

The U.S. imported $25.5 billion in furniture in 2024, with Vietnam and China accounting for roughly 60% of the imports [1]. In recent months, Trump has placed country-specific tariffs on top furniture exporters, with products from Vietnam facing a 20% tariff and Chinese imports encountering a 30% levy. These tariffs have already contributed to a 1.4% increase in furniture prices over the past three months [1].

Some analysts predict that furniture suppliers may absorb some of the tariff-related costs to remain competitive in the U.S. market. However, consumers are likely to face higher furniture prices over the coming months [1].

The Trump administration's swift initiation of the 50-day timeline underscores its aggressive approach to policy implementation. The outcome of the investigation could have broader implications for U.S. trade relations and domestic production capacity [2].

References:
[1] https://abcnews.go.com/Business/trump-vows-impose-furniture-tariffs-prices/story?id=124948334
[2] https://www.ainvest.com/news/trump-announces-50-day-furniture-tariff-probe-boost-domestic-industry-2508/