MILAN — European luxury furniture makers have been saved from U.S. President Donald Trump’s latest round of tariffs — for now.
The comprehensive 15 percent tariff cap on EU exports, negotiated between the U.S. and the EU in July, is protecting luxury furniture makers, the majority of which are based in Italy. This includes recently announced duties on kitchen cabinets, bathroom vanities and certain upholstered wooden furniture, leaders confirmed this week.
“We’re still on guard,” Claudio Feltrin , the president of the nation’s wood and furniture supply chain federation Federlegno, told WWD. At a press conference in Milan on Monday unveiling Salone del Mobile.Milano’s new bridge-building event in Riyadh, Feltrin urged furniture leaders here to focus on the Middle East to counte