Trump raises China tariff to 125%
WASHINGTON — On his Truth Social and X platforms, President Donald Trump announced that tariffs on China are increasing to 125% effective immediately. This follows …
Category: Manufacturing
Mark Schumacher to launch podcast on Home News Now
10 out of 10 to address timely issues, developments with industry leaders across the retail and supply sides of the business HIGH POINT — Industry …
Industry veterans speak out about Trump’s reciprocal tariffs
HIGH POINT — As President Trump’s “Liberation Day” reciprocal tariffs were announced Wednesday, home industry veterans found themselves attempting to gauge the impacts of these …
Bermex Furniture purchase of Saloom presents opportunities for both brands
Sale is expected to close in the next few weeks, giving Bermex a strong foothold in US manufacturing WINCHENDON, Mass. — When a fire broke …
Kuka Home names Jim Anthony EVP of sales
Industry veteran brings 30 years of experience to the new position HIGH POINT — Upholstery manufacturer Kuka Home has named industry veteran Jim Anthony executive …
Kuka Home opens new Vietnam plant
BINH DUONG, Vietnam — Kuka Home has officially opened its newest manufacturing facility in Binh Duong, Vietnam, adding 624,000 square feet of dedicated production space to …
Smith Leonard: January residential furniture shipments up 4% from January 2024
New orders were down 3% during the same year-over-year period HIGH POINT — January residential furniture shipments rose 4% from January last year and also …
Bassett reports continued profitability in Q1, despite 5.1% drop in sales
Wholesale segment of business also reports a boost in operating income representing 16.4% of sales BASSETT, Va. — Bassett Furniture reported a 5.1% drop in …
Trump tariffs could hit furniture imports hard
China faces additional 34% tariff, while Vietnam faces 46% rate WASHINGTON — Some of the furniture industry’s largest source countries would be hit with tariffs …
CPSC announces recall of 220 dressers sold on Wayfair.com
Units pose tip-over, entrapment hazard to children if not properly anchored to the wall WASHINGTON — The United States Consumer Product Safety Commission has announced …
