US Plans Major Tariff Investigation on Furniture Imports

President Donald Trump announced a major tariff investigation into furniture imports entering the United States, with the investigation expected to conclude within 50 days. While the specific tariff rates have not yet been determined, the administration aims to impose levies on imported furniture to support and revitalize domestic furniture manufacturing. Trump highlighted that this move is intended to bring back the furniture business to key states such as North Carolina, South Carolina, and Michigan, as well as other states across the country. The announcement was made through Trump's social media platform, Truth Social, emphasizing the administration's focus on boosting U.S. industries. This investigation sets the stage for potential industry-specific tariffs that could impact international furniture trade with the U.S.