tariffs
President Trump Threatens Mexico with Tariffs
President Trump announced plans to impose and then escalate tariffs on all goods imported from Mexico, beginning June 10, tasking Mexico with stopping the flow of illegal immigration from Central…
UPDATE: 25% Tariffs Go Into Effect on Chinese Goods
UPDATE: The United States has escalated the trade war with China with the implementation of a tariff increase from 10% to 25% on $200 billion of Chinese goods, effective at 12:01 AM on Friday, May 10…
Tariff Increases Are On Hold: What you Need to Know
The 25-percent tariff on $200 billion of Chinese imports, scheduled to go into effect this Saturday, was delayed on Sunday. President Trump announced via Twitter that talks between the U.S. and China…
What to Know About The U.S.-China Trade War Truce
Last weekend, the U.S. and China came to a truce in the ongoing trade war, alleviating (for now) one of the biggest economic concerns for both retailers and designers coming in 2019: the 25 percent…
U.S., China Halt Tariff Increases for 90 Days Amid Truce
The U.S. and China have reached a truce of sorts to the ongoing trade war.
At the Group of 20 summit in Argentina this weekend, U.S. President Donald Trump and Chinese President Xi Jinping came to…
3 Takeaways from Fall 2018 High Point Market
The fall edition of High Point Market always feels like the end of the year, even though there are still two months left in it. All the new products are out, and retailers, interior designers and…
Premarket Parlays: The Day That Isn't At High Point Market
One of the great things about coming to High Point Market a day before its official opening is the distinct lack of a crowd. Sure, the showrooms are already writing orders, but in terms of grabbing a…
U.S., Canada and Mexico Reach New Trade Deal to Replace NAFTA
After more than a year of negotiations, representatives from the United States, Mexico and Canada announced last night that they had reached a new trade agreement to update the North American Free…
Next Round of Tariffs to Directly Impact Furniture and Lighting Retailers and Interior Designers
The trade war between the U.S. and China escalated yesterday and continued through this morning. Yesterday, President Trump announced another round of tariffs on $200 billion worth of imported…
How to Bring Manufacturing to the U.S., According to the Reshoring Initiative
One of the main arguments for tariffs involves improving U.S. manufacturing. In theory, if it costs too much or the same to manufacture offshore, then companies would move production back to the U.S…