Trump says US will impose tariffs on all foreign furniture
Share this @internewscast.com

President Trump said Friday he will impose tariffs on imported furniture “within the next 50 days.”

In a social media post, Trump announced that his administration will start examining furniture imports to set the stage for potential tariffs on these products. The specific tax rate for imported furniture has not been established yet.

He stated, “The investigation will conclude within the next 50 days, and furniture from other countries brought into the United States will face a tariff at a yet-to-be-determined rate. This move aims to rejuvenate the furniture industry in North Carolina, South Carolina, Michigan, and various states nationwide. Thank you for your attention to this matter!” Trump shared on Truth Social, his social media platform.

This declaration marks the latest development in Trump’s consistently evolving tariff strategy, which earlier this month included a wave of new trade agreements and import tax rulings.

The president has enforced tariffs ranging from 15 to 20 percent on most international goods, with further tariffs on foreign steel, aluminum, automobiles, auto parts, certain electronics, and appliances.

Trump’s actions have elevated the average tariff paid by U.S. companies and importers to 18 percent, the highest in decades, impacting the global economy.

The Trump administration has highlighted the increase in tariff revenue collected by the federal government from U.S. businesses and individuals while dismissing the numerous economists who predicted that his trade policies could trigger a recession.

Even so, Trump’s tariffs are one of several factors weighing on U.S. businesses, which have hired fewer workers and charged higher prices gradually over the past year.

Developing

Share this @internewscast.com
You May Also Like

Spotty Invaders: What Tennessee Residents Need to Know About the Insect Surge in Homes

NASHVILLE, Tenn. — Residents across Tennessee are noticing unwelcome visitors in their…

Unraveling the Mystery: Florida’s Enigmatic Fireball Captivates Skywatchers

ORLANDO, Fla. – Residents of Central Florida had an unexpected start to…

Report Predicts Pop Culture Trends to Shape Baby Names in 2026

Choosing a name for your child is a significant decision that can…

FAA Suspends MD-11 Aircraft Operations After Fatal Crash in Kentucky

LOUISVILLE, Ky. — In response to a tragic accident at the UPS…

Storm Team 3 Forecast: Brace for a Sunny Weekend Before Cold Front Hits Next Week

SAVANNAH, Ga. () – A dramatic weather shift is on the horizon…

Unveiling the Race for a Share of $50 Billion in Rural Health Investments

States are in a race to secure their portion of a newly…

Border Patrol Agents Targeted in Chicago Shooting Incident: DHS Reports

Video above: Over 3,000 arrests in Chicagoland immigration raids over the past…

Iconic Rockefeller Center Christmas Tree Arrives in Manhattan, Marking the Start of New York’s Festive Holiday Season

The holiday season in New York City officially kicked off on Saturday…

Overseas Base Workers Face Unpaid Stint Amid US Government Shutdown

MADRID – The record-breaking U.S. government shutdown is causing repercussions far beyond…

Unveiling Secrets: New Mexico Lawmakers Demand In-Depth Investigation into Epstein’s Desert Ranch Activities

In New Mexico, a remote desert ranch tied to Jeffrey Epstein, the…

Inspiring Dreams Gala Shines Bright: Glamorous Night Fuels Support for Families in Need

SAVANNAH, Ga. — Savannah came alive with glamour on Thursday evening as…

DHS Reports Gunfire Targeting Border Patrol Agents in Chicago

Watch the video above: Recent immigration raids in Chicagoland have resulted in…