Why it’s on the map
Imported furniture faces 25% §232 (upholstered) or 50% §338 (other Canadian furniture); thin margins.
Government money & contracts
None.
Customers & commercial
Online furniture.
Catalysts
Q3.
Risk
Rallied in Jan on the 232 delay — the 50% with no USMCA off-ramp reverses that.
Tariff durability
Loser.