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A respite for sofas and spaghetti: Trump eases and delays tariffs
President Donald Trump has eased pressure on two key import sectors — furniture and pasta — by delaying or scaling back steep tariffs shortly before they were due to take effect on 1 January, 2026. For furniture, Trump has postponed planned tariff increases on certain imported home goods for one year, keeping existing duties in place while allowing further negotiations with trading partners. On Wednesday Trump signed a proclamation delaying the scheduled increases — originally set to take effect on Thursday — until January 1, 2027. The order preserves the current 25% tariff on “certain upholstered wooden ... (full story)
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- Jan 1, 2026 8:00pm Posted byFundamental Analysis11,121
