Insight Report 5 minutes PremiumUS-China Trade Issues: The Battle for Furniture Coresight Research June 14, 2019 Executive SummaryThe US-China trade dispute rages on, affecting multiple categories including footwear, furniture, apparel and food. In this report, we review recent developments and discuss implications for the furniture category. US President Trump recently threatened to increase tariffs on another $300 billion worth of Chinese goods. China has said it “doesn’t want a trade war” but added it is “not afraid of fighting it,” according to Foreign Ministry spokesman Geng Shuang. Furniture manufacturers originally said they would absorb the costs when Trump imposed 10% tariffs on furniture in September 2018, but faced with May’s increase to 25%, most are reconsidering. Manufacturers are also looking for other sourcing sites, but few other countries can equal China’s production capacity, manufacturing technology and overall infrastructure. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Shoptalk 2023 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators, Four Areas of Retail DisruptionThink Tank: Generative AI Explained—Understanding Its Power and Fundamental TechnologiesNovember 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth for the New YearEarnings Insights 3Q23, Week 4: Alibaba, Walmart and More Report Positive Sales Growth; Gap, Macy’s and Others See Sales Decline