In mid-October 2025, new tariffs on imported furniture and wood products came into effect, adding to existing duties and further increasing costs for businesses and consumers alike. While these tariffs are not exclusive to China, Chinese goods are particularly affected, with some facing effective duties of up to 70%. The implications of these tariffs are far-reaching, impacting not only consumers and businesses but also the broader economy. Here, we examine the key effects ac

The U.S.-China trade dynamics took another significant turn on the 10th of October 2025, with President Trump threatening a 100% tariff on all Chinese imports in response to Beijing’s new export restrictions on rare earth minerals. If these tariffs are implemented by November 1, they would add to existing duties, with total effective tariffs on certain furniture imports potentially reaching a staggering 130%. Adding to the complexity, the Section 232 upholstered furniture tar

The 90-day pause on tariffs for Chinese furniture imports into the United States, which began in mid-May 2025, officially expired as of mid-August 2025