Trump Launches National Security Probe Into Furniture Imports-Home Furnishing Stocks Plunge After Hours

Last week, President Donald Trump launched a national security probe into furniture imports into the United States, aimed at reshoring jobs and domestic manufacturing in the segment. Tariff Rate Yet To Be Decided In a Truth Social post on Saturday, Trump said, "Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined," while referring to it as a "major tariff investigation" which will be concluded over the next 50 days. Trump says the move is aimed at bringing the furniture business and jobs back to the United States, especially states such…