US EditionTrump postpones tariff hikes on furniture, kitchen cabinets for a year
President Trump delayed tariff hikes on furniture and cabinets citing trade talks and national security, maintaining a 25% rate while postponing increases until 2027.
- On Wednesday, President Donald Trump signed an order delaying a 30% tariff on upholstered furniture and a 50% tariff on kitchen cabinets and vanities for one year, keeping the existing 25% import tax in place.
- The administration cited ongoing trade discussions as the reason for the postponement, while President Donald Trump said the levies aim to bolster American industry and protect national security during 2025.
- Furniture suppliers faced scrutiny as investors weighed rising-cost risks, with Wayfair surging more than 125% in 2025 and RH dropping more than 50%, Friedman noted sourcing impacts .
- Mr. Trump posted a social-media pledge of a dividend of at least $2,000 per person, but Treasury Secretary Scott Bessent said in November the payout might come as tax cuts.
- The campaign ranges from films to medicines, reflecting a wide trade strategy that includes 100% tariffs on foreign-made movies and branded or patented pharmaceutical products, but levy implementation details remain unclear and as of today no new levy has been put in place.
206 Articles
206 Articles
Trump administration postponed the increase in tariffs on furniture and kitchen cabinets a year, amid trade negotiations and inflationary pressure
5 questions about Trump’s furniture tariff delay and pasta tariff reduction
Trump delayed a planned increase in tariffs on imported upholstered furniture, kitchen cabinets and vanities for one year, keeping the current 25% rate instead of raising it to 50% for cabinets and vanities and 30% for furniture as originally scheduled for Jan. 1.
Trump’s new order delays tariff increases on kitchen cabinets and upholstered furniture
President Donald Trump signed a New Year’s Eve proclamation delaying increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year, citing ongoing trade talks.Trump’s order signed Wednesday keeps in place a 25% tariff he imposed in September on those goods, but delays for another year a 30% tariff on upholstered furniture and 50% tariff on kitchen cabinets and vanities.The increases, which were set to take effect Jan. 1, c…
Coverage Details
Bias Distribution
- 54% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
