The Trump administration enacted new tariffs on numerous countries on Friday, citing alleged violations related to forced labour, as detailed in a notice published. The duties, established within a range of 10% to 12.5%, serve as a replacement for President Donald Trump’s temporary 10% global tariffs, which lapsed at 12:01 a.m. — coinciding with the Read More
Furniture retailers experienced an uptick in share prices on Friday following President Donald Trump’s decision to postpone the implementation of increased tariffs affecting the sector. Luxury retailer RH experienced an increase of approximately 8%. Fellow high-end producer Williams-Sonoma experienced an increase exceeding 5%, while the e-commerce platform Wayfair saw an advancement of over 6%. On Read More
