Government Affairs

One Big Beautiful Bill Act is shown using a text and US flag
Home Furnishings Association
The OBBBA Breakdown: What the New Act Means for Furniture Retailers

As the political and economic landscape shifts in 2025, the newly enacted One Big Beautiful Bill Act (OBBBA) draws close attention from home furnishings retailers nationwide. President Trump signed into law on July 4, sweeping legislation bundling tax reforms, trade adjustments, and regulatory changes that will directly and indirectly impact

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Home Furnishings Association
Advocacy Update: Week Ending 6.27.25

Critical Deadlines Looming: What Retailers Need To Know Right Now A lot is happening on the trade front right now—and if you’re in the home furnishings business, it’s more than background noise. From new Section 232 tariffs on copper, lumber, and steel products to an approaching July 9 deadline that could

Shipping cargo containers with hammer judge gavel background. International trad law concept. International trade law includes framework rules, regulations and customs governing trade between nations
Home Furnishings Association
6/5/25 Trade Update: Relief, Rulings, and Rising Tariffs

The trade landscape continues to bring relief and uncertainty to the home furnishings industry. From temporary tariff extensions to landmark court rulings and newly announced increases in steel and aluminum tariffs, here’s what HFA members need to know right now: 🚢 Tariff Relief Extended — But for How Long? In

Home Furnishings Association
From Trade Tariffs to Tax Reform – HFA Advocates in D.C.

Key Takeaways from HFA’s Washington, D.C. Fly-In Last week, leaders from the Home Furnishings Association (HFA) met in Washington, D.C., for a strategic fly-in event designed to elevate the voice of furniture retailers on Capitol Hill. In a series of high-impact meetings with lawmakers, policymakers, and trade officials, HFA members

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

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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

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