Thinking of buying a new couch- The price may have

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Thinking of buying a new couch? The price may have just quadrupled | CBC News - Today News Post News Today || Canada News |

With more than 40 years of experience, Love Dodd of Victoria?thought he had seen everything the furniture business could throw at himThis week at a glance.

But even he almost jumped out of his chair when he saw the size of new tariffs that were slapped on a lot of his merchandise earlier this month.

“We personally got hit with a couple of hundred thousand dollarsconstruction,” he said in an interviewbut there are now more than two dozen universities researchin. “That’s been a huge blow for us.”

On May 5, the federal government?imposed tariffs of up to 295 per cent on imported upholstered furniture from Vietnam and China. With three furniture stores across Vancouver IslandThe World Health Organization,, Dodd says the impact on his business, which?employs?roughly 80 people, was almost immediate.

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