Tammy Covington President of the High Point Market Authority

President Donald Trump has laid out plans to impose tariffs on a range of strategic imports, including timber, wood products and furniture. An executive order signed on Monday includes tariffs of 25% on upholstered furniture and 10% on softwood timber and lumber that take effect October 14, with exceptions for some trading partners, such as the United Kingdom. What impact will it have on North Carolina’s furniture industry? Tammy Covington, President of the High Point Market Authority, joined Jeff Hamlin to discuss the potential impact.