US President Donald Trump has introduced a new proposal to impose tariffs on furniture imports. He said that the investigation will be completed in the coming 50 days and after that it will be decided how much a fee should be imposed on the furniture coming in America from other countries. Trump believes that this step will strengthen the American industry and bring production inside the country.

Why does Trump want to put tariff on furniture imports?

Trump in his statement especially mentioned states like North Carolina, South Carolina and Michigan. These states were once large centers in the furniture industry, but due to cheap labor and low production costs, most companies took their work abroad. Trump says that the new tariffs will be forced to produce companies again in America.

Trump’s announcement impact on the stock market

The impact of this announcement was directly seen in the US stock market. Shares of major furniture and home goods companies such as Wayfair, RH and Williams-Sonoma declined. While American manufacturing company like La-Z-Boy, which makes most of the furniture in America, increased its shares. Analysts believe that if the tariff is applied, foreign products will become expensive and domestic companies will get benefit.

Trump administration is investigating

The US Department of Commerce is currently investigating. This investigation is being done under Section 232 of the Trade Extension Act, 1962. This law allows the US government to impose tariffs on such products which are considered necessary for national security. However, it is not clear whether this tariff will be in addition to the current duty or will replace it.

Furniture industry used to provide employment to 12 lakh people in US

There was a time when America’s furniture industry was very strong. In 1979, about 1.2 million people used to work in this industry. By 2023, this number has come down to just 3.4 lakhs. The main reason for this decline is considered cheap production abroad and large -scale outsourcing. Trump says that the new tariff will not only promote the American industry but will also return employment for thousands of people.

Will Trump’s announcement be affected by India?

The proposal to impose tariffs on furniture imports is part of the widespread strategy of the Trump administration. The government is already considering putting tariffs on other products as well. These include copper, semiconductor and pharmaceuticals. The goal of this strategy is to promote domestic production, reduce foreign dependence and reinforce industry and employment in the US. Let us know that this announcement of Trump is also going to affect India because India also exports a large amount of furniture in America.

50 percent tariff on Indian goods and 90 days ban on tariffs for China. US President Donald Trump’s attitude seems to be changing towards China. In April, he has announced to ban the tariff by giving a concession to the China on which he had imposed a huge fee. The US has banned the additional tariffs imposed on Chinese goods for 90 days i.e. this concession will continue till November. Not only this, Trump has also started praising Chinese President Xi Jinping.

One on Tuesday (August 12, 2025) Joint Statement By releasing America and China Done It has been announced that the additional tariffs that both countries had imposed on each other Suspension It is being extended for more than 90 days.

us President Donald Trump Also his Social Media Platform Truth It has been announced by posting it. Trump Wrote in the post, ,I have just signed an executive order, after which tariff on China Suspense Will increase for 90 days. All other things related to the agreement will remain the same., China has also expressed happiness over this decision of America.

Global Times According to the report of London And Stockhom In Trade In the meeting between the two countries, it has been decided to ban the tariff for 90 days. Currently, the US has imposed 30 per cent tariff on Chinese goods, but in April, the US threatened to impose tariffs up to 245 per cent on China and China. Jalab I had said to impose 125 percent tariffs. Now tariff Holding To be done means that only 30 percent tariffs will be charged on goods going from China to America.

According to the report, the business relationship between the two countries is moving towards ease in a phased manner. This will help stabilize markets and support global trade. It will also help in creating a positive atmosphere for bilateral relationships.

American media Wall Street Journel And CNBC pointed out that Donald Trump The ban on tariffs on China has been extended till 90 days i.e. November. The ban on Tuesday was about to end, which has been extended for three months. according to the report Trump Chinese President She Jinping Also praised and even said that his Jinping There are good relationships with and China is behaving very well.

The US has announced a 50 percent tariff on Indian goods, which has 25 percent tariff and a penalty has been imposed to buy oil from the remaining 25 percent Russia. Trump objected that India is buying oil from Russia, but he has not imposed any penalty on China, while he also buys Russian oil. When US Vice President JD Vance was asked about this, he said that Trump is thinking about it, but he has not taken any decision yet.

Stock market: Last week, there was a great performance in the stock market. However, this excellent performance of the market was behind the ceasefire between India and Pakistan, the consent on commercial talks between the US and China and the exchange of war printers between Ukraine-Russia. It is believed that it saw a positive impact on the market. In addition, the fall in crude oil prices and foreign investors helped in constant purchase and the Indian market to rise. In such a situation, the question is now arising that how is the market going to be a new business in the week starting on May 19?

1- Q3 released results

From May 19, the results of March quarter will start to release and more than seven hundred companies will announce their quarterly results. Among the companies whose quarterly results are to come, IndusInd Bank, ONGC, ITC, Sun Pharmaceuticals, JSW Steel, Power Grid Corporation of India, India Electronics, Hindalco Industries and Nifty 50 are.

2-Crude Oil Price

Crude oil is constantly being monitored. The reason for this is that the work price for importing countries like India is much better for its economy. Apart from this, it is expected to decrease further due to the end of trade tension between China and the US.

3- Global Economic Data

Globally, the economic data released globally is going to have a lot of impact on the market. The PMI data to be released by many countries will be monitored, as well as the economic figures of China and the inflation rate of Eurozone and Japan can also prove to be an important factor in deciding the market attitude.

4-trade agreement

President Trump said last week that he would announce new tariff rates after talks with America’s business partner countries in the coming weeks. Along with this, there has been a decrease in tension after the trade agreement between the US and China in Geneva between the US and China. Because of this, trust in investors has been born in the global market.

5-The attitude of investors

The attitude of foreign institutional investors will also play an important role in deciding the direction of the market. Talking about the previous week, FII bought shares of 15,925 crore value. Due to this, a total purchase of up to Rs 23,783 crore has been done in May. India’s GDP growth is above six per cent and it remains as the growing economy of the world. This factor will do a big job in wooing investors. Apart from this, the decrease in geopolitical stress also remains an important factor.

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Us-china: Negotiations on tariffs between the US and China have started. On Saturday, talks took place between US Finance Minister and US top trade negotiator and Chinese officials in Geneva, Switzerland. Its purpose is to resolve the tariff dispute among themselves so that there is no business between the two and there is no harm to the global economy.

Today, there will be talks between two sides again

Treasury Secretary Scott Besant and US Trade Representative Jamison Greer started a meeting with a Chinese delegation led by Deputy Prime Minister Hey Lifeng in Geneva. According to sources, Villa Saladin, residence of Swiss UN Ambassador in Geneva, held a conversation between the two sides on Saturday for about 10 hours. Today, the talks will start once again on Sunday.

Expectation of any major success is reduced

However, during this time, there is rarely expectation of any major success, but it is likely that both countries can reduce the heavy tariffs imposed on each other. This will provide relief to companies of both countries along with global economy. US President Donald Trump last month increased the US tariff on China to 145 percent.

China also retaliated on this, increasing the tariff on American imports to 125 percent. Putting such a large amount of tariff means that the two countries are boycotting each other’s goods. This is damaging business. Last year, the two had a turnover of more than $ 660 billion.

Before the commencement of this dialogue, Trump on Friday proposed to reduce the tariff to 80 percent on China.

Also read:

Trump’s big announcement on China, US government in preparing to reduce 145 percent tariff to 80 percent

India-china trade: Amid the ongoing tariff war with the US, China has issued visas for more than 85 thousand Indians. These visas have been released in just three months since January. Pak expert Qamar Cheema said that now Xi Jinping’s mind is not 2020, when she gave India a tough time. Now they know that India’s market is very big and increasing the tariff will affect the economy, so it is scared and their attitude towards India has changed. This is the reason why Xi Jinping is also going to visit the state of Malaysia, Vietnam and Cambodia.

Qamar Cheema said that before Donald Trump’s tariff war, China had decided that it had to fix relations with India. Now he started issuing visas to Indians, it is not being done like this. Pak expert said that Xi Jinping does not want to let any alliance against China, so he is engaged in making India happy.

Qamar Cheema said that Jinping has won India that India is a big market and I should not let India go into Indepciferous and do not let any alliance against me, this is their mindset. They have also succeeded. He said that in the year 2020, Jinping’s brain was something else, he thought that we should give a little time to India. Now they understood that we cannot open such a pendora box.

The BRICS conference was held in Kazan, Russia in 2024, where Prime Minister Narendra Modi and Xi Jinping met. Qamar Cheema says that Jinping knew that Trump would take strict steps about China as soon as he came to power, so he started improving relations with India in BRICS.

Pak expert said, ‘When the BRICS conference was held in Kazan, Russia, the juffs were dumped and the Dragon and Elephant Tango started speaking. Chinese are upset, so now they are going to visit Malaysia, Vietnam and Cambodia for this week. There was also a problem of Chinese and they did not understand anything. He went to Cambodia in 2016, Malaysia went in 2013 and Vietnam in 2023, now when the US pressure came on them, they are visiting.

He said that now there is pressure on America and that is that the tariff is removed from the laptops, mobiles and all the electronic items, because the inflation that was to be done from it cannot be afforded by Americans. Qamar Cheema said that Donald Trump is saying that he will put a separate tariff on it because the semi-conductor and all this industry is different. Apple had to pick up 6 cargo inside ships from 1.5 million phones India so that the market can be kept stable because if the market flies and the rates increase, then people will run away from Apple. People will take other phones.

Qamar Cheema said that this is the reality which has come close to China India, which also understands the leadership of India. Now he has come to know that Trump was saying that we have to fight tariff war at all costs and Jinping was saying that very big tabldilis are going to come, they are these. He said that now India’s business is going to grow a lot with China, it is a $ 120 billion trade, it will go from one to one and a half billion dollars because the heart does not like the attitude of Indian America, but is forced.

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