Trump Announces Upcoming Tariffs on Imported Furniture
U.S. President Donald Trump has declared that new tariffs on imported furniture will be implemented within the next 50 days. This announcement follows a U.S. investigation into furniture imports aimed at revitalizing domestic manufacturing. The financial markets reacted sharply, with stocks of major furniture retailers like Wayfair and Williams-Sonoma experiencing significant declines. Trump hinted that these tariffs would help protect American jobs and promote local production, signaling a strategic move in his broader tariff agenda.
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