Another tariff! Trump hits lumber imports with 10% global duty; upholstered furniture also impacted
President Trump imposed new tariffs on lumber and home renovation products, effective October 14, citing national security concerns. Softwood lumber faces a 10% global tariff, while kitchen cabinets will see up to 50%. The move has drawn criticism and legal challenges, though some allies receive favorable rates.
President Trump imposed new tariffs on lumber and home renovation products, effective October 14, citing national security concerns. Softwood lumber faces a 10% global tariff, while kitchen cabinets will see up to 50%. The move has drawn criticism and legal challenges, though some allies receive favorable rates.
