Overview

• Mexico’s furniture makers say tariffs of 10% to 20% under review could lift U.S. retail prices by roughly 10%, and they urge trilateral dialogue to protect North American competitiveness.
• The investigation announced on August 22 runs about 50 days with a conclusion expected in early October, and Treasury Secretary Scott Bessent has signaled tariff negotiations could wrap by late October.
• Trade data show Mexico exported $12.771 billion in furniture in 2024, including $11.958 billion to the United States, with the ‘seats’ category alone sending $7.538 billion north of the border.
• Industry figures highlight recent nearshoring gains, with 453 furniture-related companies projected to set up in Mexico from 2023 to 2025, including 77 projects from Asia.
• U.S. coalition Furniture for America filed comments arguing Section 232 duties would hurt domestic producers and consumers, noting U.S. manufacturers could meet only a fraction of national demand.