Hooker Furniture officials say Trump’s tariffs and trade disputes are having a negative effect on business. According to a 10 News report, the 94-year-old company headquartered in Martinsville with 1,100 employees worldwide has been able to adjust so far, but a planned 25 percent import tax on products coming from China the President announced last week is causing disruptions according to CFO Paul Huckfeldt and could cause layoffs involving the 200 employees here in Martinsville and Henry County.

As a result of the government’s free trade agreements, the company moved half its manufacturing to China. The products is shipped to Henry County and then to small furniture stores throughout the country and even back overseas.