U.S. President Donald Trump said Monday that details would soon follow on newly announced tariffs on furniture imports, which include levies of up to 50% set to take effect this week.
Trump posted on social media that “substantial tariffs” would apply to any country not producing its furniture in the United States, pointing to lost manufacturing jobs in North Carolina.
Last week, the White House unveiled a 50% tariff on imported kitchen cabinets and vanities and a 30% tariff on upholstered furniture, with the measures scheduled to begin on October 1.
Industry executives have voiced concern, warning the U.S. lacks sufficient domestic production capacity to replace imports from China, Mexico, and Vietnam. Leaders at Williams-Sonoma and RH (Restoration Hardware) flagged potential cost pressures during recent earnings calls.
The tariffs come amid broader trade measures that have already raised consumer prices on goods ranging from clothing to televisions, as companies juggle supply chain disruptions, higher raw material costs, and shifting U.S. tariff policy.
The administration has framed the tariffs as part of its push to bring manufacturing back to the U.S., though businesses fear they will trigger higher prices for consumers in the coming months.
Saudi Arabia’s air defences have intercepted and destroyed a hostile drone over the Riyadh region, according to the Saudi-led coalition fight...
Police were deployed across Paris on Saturday, as a curfew was set to take effect in the Republique and Chât...
A drone strike hit a power station in northern Sudan early Sunday (1 November), sparking a fire and triggering loud explosions, witnesses said....
The U.S. has approved the sale of 500 Patriot PAC-3 missiles to Ukraine in a deal worth an estimated $2.1 billion, but Kyiv could face years of delays before receiving the weapons it urgently needs to defend against intensifying Russian attacks.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
A hacking group linked to North Korea is widely believed to be behind the theft of $6.3 billion from cryptocurrency giant Binance, a cyberattack that experts describe as the largest cryptocurrency heist on record.
Gen Z protests swept 34 German cities on Saturday (31 October) over education and living costs. Violence erupted in Frankfurt, where shops were looted and police reported Molotov cocktail attacks.
A tenth-grade student was critically injured after a man attacked her with a chainsaw inside a classroom in Andhra Pradesh’s Anantapur district. The girl suffered severe injuries to her head, neck and back, while a classmate who tried to protect her was also hurt.
Police were deployed across Paris on Saturday, as a curfew was set to take effect in the Republique and Châtelet-Les Halles areas from 11pm Saturday until 6am Sunday (1 November).
A drone strike hit a power station in northern Sudan early Sunday (1 November), sparking a fire and triggering loud explosions, witnesses said.
Gen Z protests swept 34 German cities on Saturday (31 October) over education and living costs. Violence erupted in Frankfurt, where shops were looted and police reported Molotov cocktail attacks.
Iran designated Britain's Royal Navy and Royal Air Force as terrorist organisations on Sunday, (1 November), and classified the country's foreign intelligence agency, MI6, as a hostile group, according to a statement from the Iranian Foreign Ministry.
Thousands protested in Albania's capital, Tirana, on Saturday (31 October), demanding Prime Minister Edi Rama's resignation over perceived corruption allegations and dissatisfaction with the government over a lack of jobs and poor education standards.
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