Furniture stocks fall after Trump announces fresh tariffs on imports
** Shares of furniture companies with exposure to imports into the United States fall in premarket trading after U.S. President Donald Trump's fresh tariffs on the sector
** Trump announces 50% tariff on imported kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, set to take effect from Oct. 1
** Shares of online furniture retailer Wayfair W.N down about 5% premarket at $80.52; Wayfair relies heavily on imports from China and Vietnam
** Shares of Pottery Barn owner Williams-Sonoma WSM.N down nearly 3% at $195.50, while luxury furniture retailer RH down nearly 4% at $202.99
** Shares of furniture retailers with more production in the U.S. rise; La-Z-Boy LZB.N up 1.7% at $34.53, while Ethan Allen Interiors ETD.N up about 1%
Related Articles
Can $100 Billion Change the Future of AI? The Inside Story of Nvidia and OpenAI’s Mega Partnership
TradingKey - Recently, headlines around the world spotlighted Nvidia’s deal to invest up to $100 billion in OpenAI, a move that’s already being called one of the boldest bets in the history of artificial intelligence.
U.S. Q2 GDP Commentary: Unsustainable Growth Rebound, What’s Next for the Stock Market?
TradingKey - On 25 September 2025, the U.S. released the final Q2 GDP data. The data showed that the annualised quarter-on-quarter real GDP growth rate was 3.8%, surpassing the preliminary estimates of 3% in July and 3.3% in August.
An Overview of U.S. Government Shutdowns: Causes and Consequences
TradingKey - A government shutdown is a uniquely American political event. After former President Donald Trump orchestrated the longest and most costly government shutdown in history during his first term, the risk of another shutdown has resurfaced at the start of his second term.
U.S. August PCE Preview: Four-Run PCE Bounce Challenges the Fed’s Three-Cut Plan
TradingKey - The U.S. Bureau of Economic Analysis (BEA) will release the August Personal Consumption Expenditures (PCE) Price Index on Friday, September 26, with markets closely watching how much tariff pass-through effects have influenced inflation.
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.
