Furniture firms roll out tariff plans

US tariffs are not a new issue for the furniture sector, which has dealt with antidumping duties since 2005 and Section 301 duties on imports from mainland China since 2019. Firms therefore have well-established playbooks, likely driving a net-negativity of comments on earnings calls about tariffs of just 2.5% compared with 4.5% for all consumer discretionary firms.Read More