President Trump has initiated an investigation into imported furniture, potentially leading to new tariffs that could impact major brands like Wayfair and RH. This move aims to revitalize the U.S. furniture industry amid falling demand and inflationary pressures.
June inflation surged as Trump's tariffs impact consumer prices. With rising costs for goods like furniture and audio equipment, the Fed may face pressure to adjust interest rates amidst growing economic uncertainty.
In light of impending tariffs, new parents like Sam Rutledge are scrambling to purchase essential baby gear before prices skyrocket. As the cost of raising a child continues to rise, families face uncertainty over availability and affordability of crucial items.
