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President Trump announces furniture import investigation, potentially raising tariffs by October.
President Trump announced that the U.S. will investigate imported furniture, potentially leading to higher tariffs by October.
This move follows rising furniture prices and increased tariffs on Chinese and Vietnamese imports.
The investigation aims to protect domestic industries and national security interests.
Shares in furniture companies like Wayfair and Restoration Hardware fell after the announcement.
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El presidente Trump anuncia una investigación sobre la importación de muebles, aumentando potencialmente los aranceles para octubre.