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The Independent UK
The Independent UK
Joe Sommerlad

IKEA is struggling to stick to famously low prices due to Trump tariffs

IKEA United States Donald Trump Walmart Target

The Swedish furniture giant IKEA has become the latest business to warn that it could be forced to raise prices for U.S. consumers to mitigate the impact of President Donald Trump’s tariff program.

The household furnishings brand was founded by Ingvar Kamprad in 1943 and has centered its offering around a “democratic design” ethos ever since, emphasizing attractive, functional, and affordable goods.

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