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As US Wood Tariffs Kick in, Kitchen Cabinet Companies Look for a Silver Lining
Tariffs ranging from 10% to 50% target imported cabinets and furniture to protect U.S. businesses amid concerns over national security and unfair trade practices.
- A new tariff on imported kitchen cabinets and furniture may boost domestic business while also raising prices for consumers, impacting renovations across the U.S.
- President Donald Trump cited national security and foreign trade practices as reasons for the tariffs, imposing rates up to 50% on certain wood products.
- Analyst John Lovallo estimates the tariffs could add approximately $280 to the cost of building a single-family home, but this increase is not expected to derail projects.
- Some business owners expect short-term challenges as clients may hesitate to pay more for budget cabinets due to the new import taxes.
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16 Articles
16 Articles
Kitchen cabinet companies hope new U.S. tariffs pay off in the long run
Cabinet dealers, interior designers and remodeling contractors in the U.S. hope new tariffs on imported kitchen cabinets, bathroom vanities and upholstered wooden furniture that kicked in Tuesday will…
·Sakado, Japan
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Additional tariffs on softwood lumber, some wood products now in effect
New U.S. tariffs on Canadian lumber and wood products announced last month are now in effect. They include a global tariff of 10 per cent on all softwood lumber and timber entering the U.S., on top of the 35 per cent duty already in place. Some finished wood products, like cabinets, vanities and upholstered furniture, are also being hit with a 25 per cent tariff with a further increase coming Jan. 1.
·Canada
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Canadian construction timber has been taxed at 45% since Tuesday.
·Montreal, Canada
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Total News Sources16
Leaning Left5Leaning Right1Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 38%
C 54%
Factuality
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