Overview

• Trump said on Truth Social that the investigation will conclude within 50 days and that imported furniture will face tariffs at rates yet to be determined.
• Officials have linked the effort to Commerce’s ongoing timber and lumber review under Section 232, which allows tariffs on national-security grounds.
• Stocks of import-heavy retailers fell in after-hours trading, including Wayfair, RH and Williams-Sonoma, while U.S.-focused manufacturers such as La-Z-Boy and Ethan Allen gained.
• Key details remain unresolved, including the tariff levels and whether any sector-wide duties would be layered on top of existing country-specific rates.
• The step broadens this year’s tariff push as the furniture market struggles with weak demand and recent CPI data show month-to-month increases in furniture and bedding prices.