Furniture stocks fall after Trump announces fresh tariffs on imports
26/09/2025 10:45
** Shares of furniture companies with exposure to imports into the United States fall in premarket trading after U.S. President Donald Trump's fresh tariffs on the sector ** Trump announces 50% tariff on imported kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, set to take effect from Oct. 1 ** Shares of online furniture retailer Wayfair W.N down about 5% premarket at $80.52; Wayfair relies heavily on imports from China and Vietnam ** Shares of Pottery Barn owner Williams-Sonoma WSM.N down nearly 3% at $195.50, while luxury furniture retailer RH down nearly 4% at $202.99 ** Shares of furniture retailers with more production in the U.S. rise; La-Z-Boy LZB.N up 1.7% at $34.53, while Ethan Allen Interiors ETD.N up about 1% (Reporting by Juveria Tabassum in Bengaluru) ((Juveria.Tabassum@thomsonreuters.com))