India, Sept. 30 -- IKEA has responded to President Donald Trump's decision to put new tariffs on imported furniture, saying American shoppers could soon see higher prices. The Swedish retailer said its goal is to keep furniture affordable, but tariffs make this much harder, as per Newsweek.

"Our goal is to offer affordable, good-quality home furnishings to everyone," the company told Newsweek. "In our experience across the markets we operate in, tariffs make these ambitions more difficult."

IKEA said it will try to keep costs low, but cannot promise prices will stay the same.

Last week, Trump announced on Truth Social that he was "imposing a 50 percent Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products," startin...