White House Delays Furniture Tariff Increases for a Year
The White House maintains the current 25% tariff on wood products to support ongoing trade and security negotiations, avoiding planned increases to 30% and 50%.
5 Articles
5 Articles
Trump Delays Steeper Furniture Tariffs for One Year Amid Cost-of-Living Pressures
United States President Donald Trump has delayed the introduction of steeper US tariffs on selected imported furniture products for one year, issuing the order just hours before the higher duties were due to take effect on Thursday, January 1. The move temporarily spares consumers and retailers from sharp price increases while reopening space for negotiations with key trading partners.
President Donald Trump welcomed increased rates on fixed mobile furniture, kitchen cabinets and bathroom offices, reducing the rate of his tariffs in the middle of the continuous frustration of the voters with the price level. New Income Tax in force: how does it work? What is the impact on liberal professionals? CEOs: After the company's confidence in 2025, a better scenario for 2026 The White House published an information sheet on the preside…
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