Policy Matters

A document on a desk that reads Trump's Tax Plan.
Home Furnishings Association
How Trump’s Tax Reform Plan Could Reignite U.S. Business Growth

In a compelling op-ed for InsideSources, former U.S. Representative Drew Ferguson (R-GA) emphasizes that President Trump’s renewed tax reform agenda isn’t just about cutting taxes but about unleashing American enterprise’s full potential. Drawing from his experience on the House Committee on Ways and Means, Ferguson underscores how lowering the corporate

The USA and China Flags blowing in the breeze next to each other
Home Furnishings Association
Navigating Tariff Reductions and What It Means for Your Business

On Monday, the White House announced a significant development in tariffs: the United States and China have agreed to a 90-day tariff cease-fire, reducing import levies and providing temporary relief for supply chains ahead of the back-to-school and holiday shopping seasons. The U.S. will cut its tariff on Chinese goods

First 100 days presidency - road sign illustration
Home Furnishings Association
Trump’s First 100 Days: What It Means for the Home Furnishings Industry

As President Trump marks his first 100 days in office, the home furnishings industry, like many other industries, is closely watching the ripple effects of sweeping policy changes. From federal agency shakeups to aggressive trade stances and regulatory rollbacks, Trump’s early moves are reshaping the economic landscape for retailers and

A brightly lit furniture store interior in summer, showcasing a modern living room setup. A Caucasian male retail manager in his 40s, wearing a blue button-down shirt and glasses, points to a digital display outlining 'Top strategies for furniture retailers' to a diverse group of employees. Make digital display in the foreground and people in the background
Home Furnishings Association
Winning in Tough Times: Todd Wanek’s Top Strategies for Retailers

Conversation with Todd Wanek, Ashley Furniture Industries- PART 2 In Part 1 of our conversation with Ashley Furniture Industries CEO Todd Wanek, we tackled big-picture topics like tariffs, supply chains, and U.S. manufacturing. In Part 2, Wanek speaks directly to home furnishings retailers, offering top strategies for retailers to stay

Home Furnishings Association
Todd Wanek Tackles Tariffs, Supply Chains, and U.S. Manufacturing

Few leaders are as pivotal or outspoken in a transformative era for home furnishings as Todd Wanek, President and CEO of Ashley Furniture Industries. As the 2025 Trailblazer Award recipient from the Home Furnishings Association (HFA), Wanek recently joined HFA to share his perspective on the furniture industry’s current state

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Home Furnishings Association
2025 Retail Outlook: Steady Growth Amid Shifting Consumer Sentiment

As home furnishings retailers and manufacturers plan for the year ahead, there’s cautious optimism on the horizon. According to the National Retail Federation’s (NRF) latest 2025 Retail Outlook forecast,  retail sales in 2025 are expected to grow between 2.7% and 3.7% over 2024, totaling between $5.42 trillion and $5.48 trillion.

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Home Furnishings Association
GOP Lawmakers & Economists Agree, Tariffs Are a Tax Increase

This tax season, lawmakers and economic leaders are reminding the American public that tariffs are taxes. From constitutional concerns about executive overreach to warnings about rising consumer prices, an increasing number of Republican lawmakers worry that tariffs will weigh American families down with burdensome costs despite the recent 90-day pause

Reciprocal Tariffs And Stock Market Crash and economic drop or declining stock market prices due to global tariff wars as inflation and economic decline as a 3D illustration
Home Furnishings Association
4/10/25 Update: Tariffs Pause and Supply Chain Disruption

Trade policy again took center stage this week as the Trump Administration announced a dramatic shift in its approach to reciprocal tariffs. While the headlines may seem distant from day-to-day operations, these decisions are poised to significantly impact the home furnishings industry, from sourcing and pricing to inventory and logistics.

US and China Shipping Containers. Image created by Freepik.com
Home Furnishings Association
4/4/25 Update: Reciprocal Tariffs and De Minimis No More

Tariffs and trade are front and center of President Trump’s domestic economic agenda. On Day 1 of his Administration, the President signed the America First Trade Policy Executive Order, which laid out a broad trade agenda, including an aggressive push for across-the-board tariffs and reciprocal tariffs. As the early April

Navigating Liberation Day Tariff Updates as HFA Sets off to DC

The Home Furnishings Association (HFA) is closely monitoring the recent tariff updates affecting exports, which have had significant impacts across multiple regions: 46% from Vietnam, 34% from China, 32% from Taiwan, and 20% from the EU. Recently, manufacturers have responded in diverse ways to mitigate the effects of these tariff

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