Trump Announces Section 232 Tariffs On Wood Products
On September 29, the Trump administration announced the long-awaited Section 232 tariffs on wood products. It imposes a 10% global tariff on imports of softwood lumber; a 25% global tariff on most upholstered furniture, increasing to 30% on January 1; and a 25% global tariff on kitchen cabinets and vanities, increasing to 50% on January 1. The announcement also imposed reciprocal tariffs on wood products that were previously exempt.
Read More: President Donald J. Trump Addresses the Threat to National Security from Imports of Timber, Lumber, and Their Derivative Products → | Adjusting Imports of Timber, Lumber, and their Derivative Products Into the United States → | Lumber and Timber 232 Annex → | White House Imposes Section 232 Tariffs on Imports of Timber, Lumber, and their Derivative Products →