Trump to impose steep tariffs on furniture

President Donald Trump announced sweeping new tariffs on wood-derived goods, targeting imports of furniture and related products. The measures include a 50% tariff on all kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, set to take effect on October 1. Trump said the decision was based on national security concerns and aimed at protecting U.S. manufacturing. “The reason for this is the large-scale flooding of these products into the United States by other outside countries,” he wrote in a social post. “It is a very unfair practice, but we must protect, for ...