On social media Friday, President Trump stated that the federal government is investigating imported furniture and will finish the investigation in 50 days. Markets were shook by the statement, which caused shares of several large furniture retailers to drop on Monday. Wayfair’s stock closed down 5.9%, while Restoration Hardware’s parent company’s stock dropped 5.3%. Williams-Sonoma, […] The post President Trump could place tariffs on furniture soon appeared first on Due.
