Several significant governmental actions have emerged this week, directly influencing home furnishings retailers and manufacturers. Understanding these policy changes is crucial for industry stakeholders to navigate the evolving landscape effectively and mitigate potential financial impacts. From rising shipping fees on Chinese-built ships to shifting trade regulations to sustainability mandates, staying
This week, several significant government policies have surfaced that directly impact home furnishings retailers and manufacturers. From increased tariffs and trade enforcement, environmental regulations, and lumber import scrutiny to economic policy, these changes will shape supply chains, pricing strategies, and business operations. Here’s what you need to know: Tariffs on
Americans Want Affordable Goods, Healthy Economy & Safe Nation U.S. trade policy has been at the epicenter of discussion in the nation’s capital, with broad universal tariffs at the core of the conversation. To assign some facts to the debate about the impact of across-the-board tariffs, particularly on consumers and
Week of March 7, 2025 As home furnishings retailers, staying informed about legislative and trade developments is crucial for navigating our industry’s evolving landscape. This week, several significant actions by the U.S. government have emerged, potentially influencing our industry now and in the future. 1. Implementation of New Tariffs on
Staying Informed and Getting Involved: What Home Furnishings Retailers Need to Know Today, home furnishings retailers face growing challenges from legislative shifts, executive orders, and trade policies. The Home Furnishings Association (HFA) serves as the industry’s trusted source for timely and actionable legislative advocacy insights, ensuring furniture retailers are prepared
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
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,”
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.
Ever-mounting expectations of instant gratification have shaped our consumer landscape. The boss needs a project ASAP, and you need coffee
“The 90-day tariff extension isn’t a finish line—it’s the starting block for your next profit strategy.” The trade landscape just
As the 2025 holiday season approaches, consumer optimism is tempered by financial caution. Katapult’s new report, Holiday Spending in 2025:
A 50-day study on furniture imports that could reshape the competitive landscape for U.S. retailers. While details remain limited, the
Strengthen Your Business While Preserving Family Harmony Compensation planning in a retail furniture business often feels more like an art
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Navigating Leadership in a Family Business Stepping into greater responsibility within a family business comes with unique opportunities—and its own set of challenges. From
The long-term success of every retail business depends on one thing: its people. Preparing the next generation of leaders isn’t
MEMBER-ONLY DISCUSSION: Family Business Dynamics Connect with fellow HFA member retailers to exchange insights, challenges, and successes in navigating family
