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Trump delays China tariff hike as inflation ticks higher
Suspension lasts for another 90 days as costs for some imports, including furniture, rise.
Suspension lasts for another 90 days as costs for some imports, including furniture, rise.
2025 import cargo levels projected to sink as tariffs soar
With U.S. tariffs peaking at rates not seen since the Great Depression, import volumes are expected to take a major hit in the latter months of this year.
With U.S. tariffs peaking at rates not seen since the Great Depression, import volumes are expected to take a major hit [...]
Major leather supplier for furniture industry addresses Trump’s 50% tariff on Brazil
Many in the furniture industry are asking how the tariff might impact leather sourced from Brazil, as well as what might happen with hides sourced from China in the future.
Many in the furniture industry are asking how the tariff might impact leather sourced from Brazil, as well as what might[...]
Where things stand as Trump rolls out new tariff rates
Levies on imports from more than 90 countries are slated take effect Aug. 7; new penalties also target transshipments, suspend de minimis exemptions.
Levies on imports from more than 90 countries are slated take effect Aug. 7; new penalties also target transshipments, s[...]
Trump reveals new tariff rates for key partners, delays rollout to Aug. 1
Myanmar and Laos hit with steep 40% levies as White House scrambles to cut deals and again moves its self-imposed deadline.
Myanmar and Laos hit with steep 40% levies as White House scrambles to cut deals and again moves its self-imposed deadli[...]
Container shipping rates hold steady as market absorbs tariff shifts
Drewry World Container Index unchanged at $3,543; transpacific rates see sharp year-over-year gains.
Drewry World Container Index unchanged at $3,543; transpacific rates see sharp year-over-year gains.
Maison + Objet survey assesses international retail mood
The Maison&Objet Barometer #10 survey asked nearly 1,200 retailers, specifiers and brands about their businesses, not once, but twice.
The Maison&Objet Barometer #10 survey asked nearly 1,200 retailers, specifiers and brands about their businesses, no[...]
Hooker Furnishings sharpens focus on cost savings as economic headwinds mount
Facing a challenging housing market and tariff uncertainty, Hooker is executing a $25 million phased cost reduction plan.
Facing a challenging housing market and tariff uncertainty, Hooker is executing a $25 million phased cost reduction plan[...]