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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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The Fool
Jan 2, 2026 12:28am
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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, ...
WHITE HOUSE- PRESIDENT TRUMP SIGNED A PROCLAMATION TO DELAY INCREASES IN TARIFFS FOR UPHOLSTERED FURNITURE, KITCHEN CABINETS, AND VANITIES FOR ANOTHER YEAR