
"President Trump out saying that he would levy new tariffs to boost the domestic film and furniture industries through a pair of sweeping plans. He did post today that he would be, quote, imposing substantial tariffs on any country that does not make its furniture in the United States. It is unclear exactly how that would work because companies, not countries, manufacture furniture, and the duties are charged on specific imports, not governments. Shares of Williams-Sonoma down 4.7."
This insight focuses on Williams-Sonoma (WSM), where the specter of new tariffs—proposed by President Trump to boost domestic manufacturing—has coincided with a 4.7% decline in share price, potentially signaling future regulatory headwinds.
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Regulatory Insight