Trumps says 'substantial' tariffs to come on furniture
During a meeting of his Cabinet on Tuesday, President Donald Trump said his administration is going to put a "very substantial" tariff on furniture and that it will be done "quickly."

Last week, Trump announced his administration would be conducting an investigation related to tariffs on furniture that would be completed in 50 days.
Analysts told ABC News tariffs would likely raise prices as importers pass along a portion of the tax burden to consumers, but some suppliers may ease the price pressure by swallowing costs in an effort to remain competitive in the robust U.S. market. Read more about what tariffs on furniture would mean for prices here.







