The U.S. decision to delay furniture import tariffs until 2026 has sparked mixed reactions among businesses navigating global supply chains. President Donald Trump's administration announced the one-year deferral in December 2025, following similar adjustments for agricultural products, as companies continue adapting to evolving trade policies.
Two U.S. entrepreneurs revealed contrasting experiences to CGTN this week. A New Jersey-based retailer reported 18% cost reductions through early 2026 inventory stockpiling, while a Chicago importer warned of potential 2027 price hikes if tariffs take effect. 'This breather lets us renegotiate contracts with Vietnamese partners,' said the retailer, requesting anonymity.
Market analysts note the furniture industry's 2025 4.2% import growth reflects strategic stockpiling ahead of anticipated measures. However, concerns persist about long-term impacts on consumer pricing and Asian manufacturing hubs specializing in wood products.
