Skip to playerSkip to main content
  • 7 weeks ago
IKEA is being forced to raise prices on some furniture in the U.S. as Trump‑era tariffs raise import costs.

Category

🗞
News
Transcript
00:00Ikea is being forced to raise prices on some furniture in the U.S. as Trump-era tariffs
00:05raise import costs.
00:06Only about 15 percent of its U.S. merchandise is sourced in the U.S., leaving the company
00:11highly exposed to trade tariffs.
00:14While sales volume rose 3 percent, overall revenue fell 1 percent, underscoring tight
00:19margins.
00:20To adapt, Ikea is cutting operational costs and scouting more U.S. suppliers to offset
00:25the tariff pressure.
Be the first to comment
Add your comment

Recommended