I had considerable discussions with furniture executives at the High Point Market and these tariffs - if they continue - will have a MAJOR impact on furniture pricing and where things are being made. The one now in effect is small, 3% on furniture product from China, but this tariff goes to 25% on January 1 unless its politically resolved by then. Manufacturers are scrambling to move production from China to other countries and open factories in Vietnam, Nicaragua, and Mexico - and pull out of China. It's going to happen. And once they leave China they are not likely to return is the thought. This won't impact a domestic company like Hancock and Moore as much as it will an import company like Hooker Furniture - most of whose product is made in China. If that 25 % tariff goes into effect, you are going to see things like Chinese-tanned leathers dissapear from a manufacturer's line.

Some customers have existing pieces and think about adding another item in the same leather or style. My advice is do so now if the original piece was produced in China or of Chinese materials - you may not be able to get it after first of the year.