International Business and TradeManufacturing

Ikea Expands US Production Amid Trump Tariff Pressures on Furniture Imports

Ikea is accelerating US production capabilities as the furniture giant faces significant tariff pressures from the Trump administration. The Swedish retailer currently manufactures only 15% of its US-sold products domestically compared to much higher rates in Europe and Asia.

Ikea Responds to Tariff Pressures with US Production Boost

Ikea, the world’s largest home furnishings retailer, is significantly increasing its US manufacturing footprint as the company faces pressure from President Donald Trump‘s recently imposed tariffs on furniture and kitchen cabinets, according to reports. Sources indicate the flat-pack retailer currently produces only about 15% of products sold in the US domestically, compared to 75% local production in Europe and 80% in Asia.

Business

World’s Top Companies For Women 2025: Gender Equality Leaders Revealed

Forbes and Statista have released the World’s Top Companies For Women 2025 ranking, surveying 120,000 women across 36 countries. BAE Systems, IKEA, and Colgate-Palmolive lead in gender diversity initiatives and leadership representation.

The World’s Top Companies For Women 2025 ranking reveals significant progress in gender equality initiatives across global corporations. According to the comprehensive study by Forbes and market research firm Statista, companies that prioritize gender diversity are seeing measurable benefits in innovation, employee satisfaction, and business performance.

Methodology Behind The Gender Equality Rankings