In a U.S. manufacturing hub, no illusions about tariffs and jobs

In a U.S. manufacturing hub, no illusions about tariffs and jobs(This September 26 story corrects glass factory location in paragraph 12) By Howard Schneider THOMASVILLE, N.C. (Reuters) – In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug. Of three once bustling Thomasville furniture plants in the city limits, one is being demolished and cleared for parkland, another may become the site of a new police station, and a third is being converted into apartments. President Donald Trump is threatening to levy tariffs of up to 25 percent on $ 500 billion of goods imported from China each year, including roughly $ 20 billion of furniture, as a way to bring back hundreds of thousands of manufacturing jobs lost to China and other low-cost competitors.



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