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Ikea raises prices as Trump’s furniture tariffs hit retailer

Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business.

Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business.
Tolga Öncü, retail manager at Ingka, which operates most Ikea stores around the world, told The Wall Stree… [2522 chars]

Source: FOX 9 | Published: 2025-10-17T15:16:22Z

Credit: FOX 9

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