Thursday, June 18, 2026
36.7 C
New Delhi

Trump Announces Potential Tariffs On Furniture Imports, Decision Expected By October

Curated By :

Last Updated:

It remains unclear whether the proposed tariffs would be in addition to existing country-specific duties.

Click to add News18 as a preferred source on Google
font

Trump did not elaborate on the specifics of the investigation

Trump did not elaborate on the specifics of the investigation

US President Donald Trump has announced a new proposal to impose tariffs on furniture imports, signalling another step in his administration’s broader push to bolster domestic manufacturing. The tariffs will not take immediate effect, but Trump indicated that a final decision could be made within the next 50 days, possibly by October.

In a post on Truth Social, Trump detailed the plan. “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,” Trump wrote. He added, “This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union.”

Recommended Stories

The announcement triggered a swift reaction in financial markets. Shares of major furniture and home goods retailers, including Wayfair, RH, and Williams-Sonoma, dropped sharply in after-hours trading. In contrast, shares of La-Z-Boy, which manufactures most of its furniture in the US, rose on the news, reported Reuters.

While Trump did not elaborate on the specifics of the investigation, a US official told Bloomberg that the Commerce Department is conducting the probe as part of its ongoing review into timber and lumber imports. The investigation falls under Section 232 of the Trade Expansion Act, which allows the government to impose tariffs on goods considered vital to national security.

It remains unclear whether the proposed tariffs would be in addition to existing country-specific duties that Trump has negotiated through bilateral trade agreements.

The tariff plan aligns with Trump’s ongoing strategy to incentivise manufacturers to shift production back to the US, particularly in states with a legacy of furniture-making. States like North Carolina were once leading hubs of furniture manufacturing before much of the industry relocated overseas due to lower labour costs. According to government data cited by Reuters, employment in furniture and wood product manufacturing has declined significantly, from 1.2 million in 1979 to just 340,000 today.

The Trump administration is already weighing increased tariffs on a range of imported goods, including copper, semiconductors, and pharmaceuticals.

News world Trump Announces Potential Tariffs On Furniture Imports, Decision Expected By October
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Loading comments…

Read More

Go to Source

Hot this week

Jammu & Kashmir government staffer dismissed over terror links

Manoj Sinha has terminated a Power Development Department official over alleged involvement in terror-related activities JAMMU: J&K Lieutenant Governor Manoj Sinha has terminated an official with the Power Development Department for Read More

Omar Abdullah cabinet expansion delay stirs NC rumblings, BJP taunts

Omar Abdullah faces growing demands within his National Conference (NC) to expand his cabinet SRINAGAR: Nearly two years after taking office, J&K chief minister Omar Abdullah faces growing demands within his National Conference (NC) Read More

Soldier dies in accidental fire in Jammu & Kashmir’s Poonch

Army jawan died after his service rifle allegedly went off accidentally in J&K’s Poonch JAMMU: An Army jawan died after his service rifle allegedly went off accidentally in J&K’s Poonch district early Thursday, officials said. Read More

Sara’s picture with Henry Cavill at Royal Ascot grabs attention

Sara Ali Khan created a buzz on social media after sharing glimpses from the prestigious Royal Ascot event in England, including a picture with Hollywood star Henry Cavill. Read More

Haryana: Candidates appearing for NEET re-exam to be provided free travel facility in roadways buses

Chandigarh, Jun 18 (PTI): Chief Minister Nayab Singh Saini has directed that candidates appearing for the NEET-UG re-examination slated June 21 be provided free travel in Haryana Roadways buses to ensure they reach examination centres without inconv Read More

Topics

Jammu & Kashmir government staffer dismissed over terror links

Manoj Sinha has terminated a Power Development Department official over alleged involvement in terror-related activities JAMMU: J&K Lieutenant Governor Manoj Sinha has terminated an official with the Power Development Department for Read More

Omar Abdullah cabinet expansion delay stirs NC rumblings, BJP taunts

Omar Abdullah faces growing demands within his National Conference (NC) to expand his cabinet SRINAGAR: Nearly two years after taking office, J&K chief minister Omar Abdullah faces growing demands within his National Conference (NC) Read More

Soldier dies in accidental fire in Jammu & Kashmir’s Poonch

Army jawan died after his service rifle allegedly went off accidentally in J&K’s Poonch JAMMU: An Army jawan died after his service rifle allegedly went off accidentally in J&K’s Poonch district early Thursday, officials said. Read More

Sara’s picture with Henry Cavill at Royal Ascot grabs attention

Sara Ali Khan created a buzz on social media after sharing glimpses from the prestigious Royal Ascot event in England, including a picture with Hollywood star Henry Cavill. Read More

Haryana: Candidates appearing for NEET re-exam to be provided free travel facility in roadways buses

Chandigarh, Jun 18 (PTI): Chief Minister Nayab Singh Saini has directed that candidates appearing for the NEET-UG re-examination slated June 21 be provided free travel in Haryana Roadways buses to ensure they reach examination centres without inconv Read More

J-K’s Kathua to get express corridor link, gas pipeline: Jitendra Singh

Jammu, June 18 (PTI): Union Minister Dr Jitendra Singh on Thursday announced that the Kathua district will soon be connected through the Delhi-Amritsar-Katra express corridor and will also receive a gas pipeline network, aimed at boosting connectivi Read More

AI comes to highways: NHAI tool flags defects, contradictions and dispute risks

AI on highways (TNN) NEW DELHI: What took days is now being done in a jiffy. Read More

‘FTA Talks In Final Phase’: MEA Shares Major Update After PM Modi-Trump Talks At G7

Show Quick Read Key points generated by AI, verified by newsroom Modi, Trump discussed trade pact finalization, accelerating negotiations. India welcomed US-Iran deal, promoting West Asia peace. Read More

Related Articles