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Furniture tariffs take effect as consumers and businesses share costs

Furniture tariffs take effect as consumers and businesses share costs
business • 10/14/2025

American consumers are expected to pay more than half of the added costs from U.S. tariffs, according to a Goldman Sachs analysis.

The Trump administration's new tariffs on imported furniture, kitchen cabinets and other housewares, along with lumber, took effect Tuesday, added costs that economists say could push up prices for consumers. Mr. Trump announced the trade measures on... [2501 chars]