US EditionIKEA to ramp up US production as tariffs bite
IKEA aims to boost US-made products to cut tariff costs and improve supply chain resilience with only 15% of US sales currently made domestically, the company said.
9 Articles
9 Articles
IKEA to ramp up US production as tariffs bite
IKEA plans to source more products from factories in the United States, the Swedish furniture group's top supply chain executive told Reuters, as President Donald Trump's tariffs drive up the cost of importing bookcases, mattresses and sofas.
According to the Swedish furniture manufacturer, the import of bookshelves, sofas and mattresses has become significantly more expensive.
IKEA would source more products from its American factories as tariffs have made importing bookshelves, mattresses and sofas more expensive. Although it has reduced its American-made ... ...
The Trump administration's tariff increases have driven up the cost of imported furniture, prompting IKEA to adjust its supply chain layout and plan to expand its domestic sourcing and production in the United States. IKEA is also supporting suppliers in expanding new factories in North Carolina to increase the proportion of local manufacturing for large furniture and mattresses, in order to shorten delivery times and reduce transportation risks.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
