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There will likely not be a revival of these furniture cities, it's too late, says Jim Cramer

CNBC · Just In
CNBC
CNBC
Just In

'Mad Money' host Jim Cramer reacts to Pres. Trump's announcement of furniture tariffs.

Breakdown
  • Cramer questions whether losing domestic furniture manufacturing poses a national security risk. 9s
  • Most US furniture manufacturing has moved overseas for cost reasons, with few exceptions like Ethan Allen. 1m 5s
  • Tariffs may make imported furniture more expensive but are unlikely to revive domestic production. 1m 50s
  • A lack of skilled workers and workforce shifts make a large-scale industry comeback unlikely. 2m 7s
  • Cramer concludes that a revival of former furniture manufacturing cities is improbable. 2m 43s
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