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Trump delays tariff hikes for imported furniture by 1 year
President Trump signed a proclamation Wednesday to delay increases in U.S. tariffs for imported upholstered furniture, kitchen cabinets and vanities for one year. “Given the ongoing productive negotiations regarding the imports of wood products, the President is delaying the tariff increase to allow for further negotiations to occur with other countries,” reads a fact sheet from the White House explaining the decision to pause the tariff hikes. The U.S. imposes a 25 percent tariff on those items and was expected to increase that rate beginning Jan. 1. Kitchen cabinets and vanities were expected to see a 50 ... (full story)
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- Jan 1, 2026 2:25pm Posted byFundamental Analysis22,017
