Ikea, Steelcase Face Prospect of Make in India Tariffs January 29, 2020 The Indian government may extend its “Make in India” economic development policy which is centered on tariffs to the furniture industry. Imports have actually contracted recently with a 2.3% year over year decline Indian imports of furniture in the 12 months to Oct. 31. The tariffs would incre... Read more →
Tariff Quote Watch: Steelcase Raises Prices, Tables Supply Shift For Now December 20, 2018 Furniture maker Steelcase has been able to pass through higher tariffs on its metals needs and imports from China as it has been “successful in showing customers that these price increases are fair” according to CEO James Keane. The company’s tariff challenges may grow though given 30.6% of it... Read more →