After a brief industry commotion, domestic upholstery manufacturers are settling in with the fine print of new tariff policies, and most are taking a wait-and-see approach.
After last week’s announcement that tariffs on upholstered furniture and kitchen and bath cabinetry would be going into effect October 1, the White House issued a clarifying proclamation that details the extent and timeline of the new duties.
In an online post late Thursday evening, the president promised new import duties on a variety of home products. The tariffs are set to go into effect next week, but details about the rollout remained unclear.
A week after the president’s online announcement calling for furniture tariffs in 50 days, a weary home industry braces itself for the next wave of change.
As the world adjusts to Trump-induced tariff turmoil, home goods importers await a verdict on which rates will stick in which countries, and what the fallout will be in the latter half of the year.