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Benzinga
Benzinga
Business
Dylan Berman

Wayfair Shares Are Trading Lower Monday: What's Going On?

Wayfair Donald Trump United States RH
Portland,,Or,,Usa,-,Apr,8,,2020:,Wayfair,Mobile,App

Wayfair Inc. (NYSE:W) shares are trading lower Monday after President Donald Trump said the United States is conducting a tariff investigation on furniture imports.

What To Know: According to CNBC, Trump wrote on Truth Social that the probe will be completed within 50 days, after which furniture coming from other countries into the United States will be tariffed at a rate yet to be determined.

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