US Trade Policy

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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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Home Furnishings Association
What Retailers Should Know About Tariffs

Retail furniture retailers work hard to offer their customers a diverse selection of stylish and affordable home furnishings. Many of these products are sourced through international supply chains, ensuring a range of high-quality options at competitive price points. As policymakers weigh various trade policy proposals, it’s crucial for furniture retailers

Vector graphic showing one side Myths and one side Facts
Home Furnishings Association
Debunking 5 Myths About the Economic Benefits of Universal Tariffs

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

Money and calculator on table with the US flag overlaid.
Home Furnishings Association
3/7/2025 Update: Tariffs and US Trade Developments

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

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