Trump teases tariffs on imported furniture
President Donald Trump has announced an investigation into tariffs on foreign-made furniture, which could affect prices and manufacturing in the U.S.
President Donald Trump has announced an investigation into tariffs on foreign-made furniture, which could affect prices and manufacturing in the U.S.
President Donald Trump has announced an investigation into tariffs on foreign-made furniture, which could affect prices and manufacturing in the U.S.
President Donald Trump said on Friday that new tariffs on foreign-made furniture are coming later this year following an investigation.
"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," the president. "This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union."
A White House official clarified that the president is referencing a that "will assess the national security risks arising from the United States’ increasing dependence on imported timber, lumber, and derivative products like paper, furniture, and cabinetry."
Nevertheless, the president's comments on Friday sank some furniture stocks, from Wayfair to Williams-Sonoma.
An industry coalition, called "Furniture for America," expressed concerns about steeper tariffs earlier this year in to the Commerce Department.
"There is no rational relationship between imports of wood products or furniture and the national security of the United States," the coalition wrote. "Second, no amount of tariffs will bring back American furniture manufacturing back to its prior levels. Tariffs will harm manufacturing still being done in the United States."
The White House said new tariffs on this sector would not stack on top of so-called "reciprocal" tariffs that are already targeting a wide range of countries, including major furniture suppliers like China and Vietnam.
Federal data suggests those tariffs may be starting to show up in some furniture prices for consumers.
The latest Consumer Price Index shows that, while overall inflation held steady between June and July 2025, month-to-month. Some experts have identified this as an early warning sign, while conceding that the impact of tariffs on prices has generally been less severe than anticipated, perhaps because many businesses are absorbing added costs instead of passing them on to consumers.
It remains to be seen how Trump's latest batch of tariffs on most trading partners that took effect earlier this month will impact these trends.