Ikea has joined the list of companies expressing concern over impending tariffs that could result in higher costs for American consumers. The international furniture retailer's CEO has highlighted the potential strain on global business,

Trump has pledged big tariffs on imports from trading partners, causing concern among companies whose supply chains depends on smooth global trade.

The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more difficult to keep its prices low, joining a growing chorus of business leaders in warning of a potential hit to people’s wallets from the levies.