IKEA has responded to President Donald Trump’s decision to put new tariffs on imported furniture, saying American shoppers could soon see higher prices. The Swedish retailer said its goal is to keep furniture affordable, but tariffs make this much harder, as per Newsweek.
IKEA said it will try to keep costs low, but cannot promise prices will stay the same.
What Donald Trump’s tariffs include?
Last week, Trump announced on Truth Social that he was “imposing a 50 percent Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products,” starting October 1, 2025. Upholstered furniture, such as sofas and chairs, will face a 30 percent tariff. Other products were also hit, including a 100 percent tariff on patented drugs and a 25 percent tariff on heavy-duty trucks.
Why it matters for IKEA?
The US is IKEA’s second-largest market after Germany. The company made $5.5 billion in sales in the United States last year. If prices rise, IKEA risks losing some of its cost-conscious customers.
What’s next?
The tariffs are set to take effect on Wednesday. Drug makers could avoid the new duties if they are building US factories. For IKEA, the coming weeks will show whether it can keep prices down, or whether American families will need to pay more for their favorite flat-pack furniture.
