Trump postpones tariff hikes on furniture, kitchen cabinets for a year
President Trump delayed tariff hikes on furniture and cabinets by one year to support trade talks and ease consumer price pressures amid ongoing inflation concerns.
- On Wednesday, President Donald Trump signed a proclamation delaying tariff increases on upholstered furniture, kitchen cabinets and vanities for one year, moving implementation to 2027.
- Following a Commerce Department probe under section 232, the tariffs were announced to protect the domestic wood industry amid criticism of Canada’s large lumber exports and national-security concerns.
- The initial tariffs began at 25% in October after a September order, with rates slated to rise to 50% for kitchen cabinets and 30% for upholstered furniture by 2026.
- Even before the 25% tariffs, prices had surged due to levies on imports from China and Vietnam, while Trump blamed the Biden administration for inflation amid political debate.
- The White House did not provide an explicit reason for the one-year delay in its statement, but officials said the U.S. continues negotiating with trade partners on trade reciprocity and national-security concerns around wood imports.
148 Articles
148 Articles
US President Donald Trump has decided to postpone planned tariff increases on upholstered furniture, kitchen cabinets, and bathroom furniture for a year. The new rates will not take effect until 2027, the White House announced.
President Trump is postponing increased tariffs on various household items until 2027.
President Donald Trump delayed the increase in tariffs on upholstered furniture, kitchen cabinets and playthings, alleviating the pace of his charges as voters' frustration at price levels grows more.The White House published a fact sheet on the presidential proclamation on Wednesday night, while Trump organized a New Year's Eve party on his property in Mar-a-Lago in Florida.The highest tariffs were due to come into effect on Thursday, but are n…
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