{"id":21929,"date":"2025-08-25T10:14:08","date_gmt":"2025-08-25T10:14:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/21929\/"},"modified":"2025-08-25T10:14:08","modified_gmt":"2025-08-25T10:14:08","slug":"trump-launches-national-security-probe-into-furniture","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/21929\/","title":{"rendered":"Trump Launches National Security Probe Into Furniture\u2026"},"content":{"rendered":"

Last week, President Donald Trump<\/strong> launched a national security probe into furniture imports into the United States, aimed at reshoring jobs and domestic manufacturing in the segment. <\/p>\n

In a Truth Social post on<\/a> Saturday, Trump said, \u201cFurniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined,\u201d while referring to it as a \u201cmajor tariff investigation\u201d which will be concluded over the next 50 days.<\/p>\n

Trump says the move is aimed at bringing the furniture business and jobs back to the United States, especially states such as \u201cNorth Carolina, South Carolina, [and] Michigan.\u201d <\/p>\n

See Also: Walmart Doubles Down On Discounts To Fight Tariff-Induced Inflation As Lower, Middle-Income Shoppers Adjust Spending Habits<\/a><\/strong><\/p>\n

The investigation will be conducted under Section 232 of the Trade Expansion Act, a national security statute that allows the president to impose tariffs if imports are deemed a threat, according to a Reuters report. <\/p>\n

The industry, however, remains skeptical, with The American Home Furnishings Alliance having previously criticized the tariffs, saying that no amount of it \u201cwill bring back American furniture manufacturing,\u201d while adding that the move might instead \u201charm manufacturing still being done in the United States.\u201d<\/p>\n

Home Furnishing Stocks Feel The Heat<\/p>\n

Furniture and home furnishing stocks have witnessed steep declines after hours following this announcement, given the industry\u2019s reliance on imports. <\/p>\n\nStocks<\/strong><\/td>\nYear-To-Date<\/strong><\/td>\nAfter Hours<\/strong><\/td>\n<\/tr>\n\n\nRH <\/strong>(NYSE:RH<\/a>)<\/td>\n-38.32%<\/td>\n-5.67%<\/td>\n<\/tr>\n\n\nWayfair Inc.<\/strong> (NYSE:W<\/a>)<\/td>\n+69.00%<\/td>\n-4.10%<\/td>\n<\/tr>\n\n\nWilliams-Sonoma Inc.<\/strong> (NYSE:WSM<\/a>)<\/td>\n+8.46%<\/td>\n-5.06%<\/td>\n<\/tr>\n\n\nHNI Corp. <\/strong>(NYSE:HNI<\/a>)<\/td>\n-9.18%<\/td>\n-0.33%<\/td>\n<\/tr>\n\n\nSteelcase Inc.<\/strong> (NYSE:SCS<\/a>)<\/td>\n+41.51%<\/td>\n+0.18%<\/td>\n<\/tr>\n\n\nArhaus Inc.<\/strong> (NASDAQ:ARHS<\/a>)<\/td>\n+31.74%<\/td>\n-2.50%<\/td>\n<\/tr>\n

When the tariff fears first surfaced during \u201cLiberation Day\u201d in early April, RH, formerly known as Restoration Hardware, plunged 40%<\/a> within a single trading day, and has been mounting a steady recovery ever since. <\/p>\n

The company has since been leaning into the tariff chaos<\/a> by diversifying away from China, which now makes up just 2% of its imports, down from 16%. It is now ramping up production in the U.S. and sees the situation as an opportunity, as competitors fail to keep up with the high tariff costs.<\/p>\n

Shares of RH were up 11.39% on Friday, closing at $243.71, but are down 5.67% after hours, following Trump\u2019s announcement of potential new tariffs on the segment. The stock scores poorly in Benzinga\u2019s Edge Stock Rankings<\/strong>, but has a favorable price trend in the short and medium terms. Click here<\/a> for deeper insights into the stock.<\/p>\n

\"\"<\/a><\/p>\n

Read More:<\/strong><\/p>\n

Photo courtesy: Joey Sussman on Shutterstock.com<\/p>\n","protected":false},"excerpt":{"rendered":"Last week, President Donald Trump launched a national security probe into furniture imports into the United States, aimed…\n","protected":false},"author":2,"featured_media":21930,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[9,79,1063,179,18,1831,19,1826,17,5,1828,1827,1829,1830,66],"class_list":{"0":"post-21929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-breaking-news","9":"tag-business","10":"tag-daily-news","11":"tag-economy","12":"tag-eire","13":"tag-global-news","14":"tag-ie","15":"tag-inkl","16":"tag-ireland","17":"tag-news","18":"tag-news-app","19":"tag-news-headlines","20":"tag-news-today","21":"tag-today-news","22":"tag-world-news"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/21929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=21929"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/21929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/21930"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=21929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=21929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=21929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}