It’s hard to believe it’s been four years since a series of tariffs were imposed on China by the Trump Administration. This so-called trade war was started primarily to address the trade imbalance between the U.S. and China. There were several tariffs imposed over the summer of 2018 in four
Many more punitive actions against China are coming soon, and some could disrupt important supply chains for the furniture industry, Washington, D.C., lawyer Michael Borden warned in a Home Furnishings Association webinar last week. “Watch out,” said Borden, who leads the Government Strategies group for the global law firm Sidley
President Donald Trump’s executive order April 19 to allow deferred payment of some import duties for 90 days doesn’t apply to furniture shipped from China. Americans for Free Trade, a large business coalition including the Home Furnishings Association, has called for broader relief. “The administration’s announcement to defer the collection
Some furniture imports from China have been excluded from tariffs, the Trump administration announced Feb. 5. The action is retroactive to September 2018 and continues until Aug. 7, 2020. Importers are entitled to apply for refunds of tariffs paid – originally 10 percent and then 25 percent since May 10,
Higher tariffs are set to take effect Oct. 15. The Home Furnishings Association submitted comments asking the government to change course. “The Home Furnishings Association fully supports the administration’s objectives in reaching a comprehensive trade agreement with China, but we do not agree that tariffs should be a negotiating tool,”
Furniture retailers can submit comments on another proposed increase in tariffs set to take effect Oct. 1. Meanwhile, Americans for Free Trade, a coalition of more than 160 business groups including the Home Furnishings Association, has asked President Trump to delay new tariffs and increases scheduled for the rest of the
The Home Furnishings Association has joined 660 other U.S. businesses and trade associations asking President Donald Trump not to impose new taxes on products imported from China. “We know firsthand that the additional tariffs will have a significant, negative, and long-term impact on American businesses, farmers, families, and the U.S.
President Trump’s Twitter threat Sunday to raise tariffs on imports from China drew a sharp response from a business alliance that includes the Home Furnishings Association. The president appears to be putting pressure on China as trade negotiations continue. “Doubling down on taxing Americans as a negotiating tactic only makes
Americans for Free Trade greeted members of the 116th Congress with a letter expressing concerns about tariffs. AFT is a coalition of more than 100 business and trade groups, including the Home Furnishings Association. “The 116th Congress is beginning during a period of unprecedented economic growth and job creation, yet
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