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Stock impact report

More tariffs may be coming. Is the home industry ready? [Yahoo! Finance]

Flexsteel Industries, Inc. (FLXS) 
US:NASDAQ Investor Relations: flexsteel.com/content/investors
Company Research Source: Yahoo! Finance
No matter how they feel about the outcome, most Americans welcome an end to the frantic, high-stress, high-noise energy of campaign season. But for the home industry, November 6 kicked off a new scramble: What to do—or not to do—about tariffs? The subject has quickly become the hot topic du jour among industry brands. For some, tariffs evoke hope for a revival of American manufacturing; for others, dread of inflation and instability. But now that Donald Trump is officially president-elect once more, it's clear that tariff policies will almost certainly be changing one way or another. Trump is a mercurial figure, and it's possible that when he takes office, his much-hyped tariffs will come in lower than expected, or include carve-outs that dull their impact on the home industry. However, unlike with cabinet appointments or tax reform, the president doesn't need congressional approval to implement tariffs. What Trump decides goes. And the president-elect has been crystal clear about Show less Read more
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