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Young man looking for new chair for home at furniture warehouse. Photo: Depositphotos
Young man looking for new chair for home at furniture warehouse. Photo: Depositphotos
President Trump delays higher furniture tariffs
WASHINGTON — President Donald Trump signed a New Year’s Eve proclamation delaying higher tariffs on upholstered furniture, kitchen cabinets and vanities for one year as trade negotiations continue with major partners.
The order, signed on Wednesday, keeps in place a 25% tariff imposed in September on those imported goods but postpones steeper increases that were set to take effect Jan. 1.
The now-delayed hikes would have raised tariffs to 30% on upholstered furniture and 50% on kitchen cabinets and vanities.
The tariffs are part of a broader slate of import taxes President Trump has advanced to address trade imbalances and other economic concerns. The President has said the furniture duties are intended to “bolster American industry and protect national security.”
The delay adds another turn to the shifting course of President Trump’s tariff agenda since he returned to office last year. His administration has at times announced new levies with little notice, only to delay or reverse them amid negotiations or industry pressure.
For furniture manufacturers and retailers, the move provides temporary relief from higher costs, but at the same time, extends the continued uncertainty over longer-term trade policy.
