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The duties had been imposed to spice up U.S. industries and defend nationwide safety, in accordance with the White House, they usually broaden a slate of sector-specific tariffs Mr. Trump has imposed since returning to the presidency.
The newest salvo contains a 10% tariff on imports of softwood lumber, whereas duties on sure upholstered furnishings and kitchen cupboards begin at 25%.
Come January 1, the speed on imported upholstered furnishings is about to rise to 30%, whereas these on kitchen cupboards and vanities will soar to 50%.
But duties on wooden merchandise from Britain won’t exceed 10%, and people from the European Union and Japan face a 15% ceiling.
All three buying and selling companions have reached offers with the Trump administration to avert harsher duties.
But the brand new tariffs will “create extra headwinds for an already challenged housing market by additional elevating development and renovation prices,” warned National Association of Home Builders (NAHB) chairman Buddy Hughes.
U.S. dwelling gross sales have been gloomy lately with excessive mortgage charges and restricted stock pushing prices up for patrons.
In imposing the most recent duties, Trump stated the Commerce Secretary discovered that “wooden merchandise are utilized in essential capabilities of the Department of War, together with constructing infrastructure for operational testing.”
Mr. Trump’s proclamation added that U.S. wooden manufacturing “stays underdeveloped,” leaving the nation import-dependent.
But NAHB’s Hughes stated: “Imposing these tariffs beneath a ‘nationwide safety’ pretext ignores the significance housing performs to the bodily and financial safety of all Americans.”
He urged for offers that as an alternative “roll again tariffs on constructing supplies.”
Canada, Vietnam hit?
Canada, the highest provider of lumber to the United States, is about to be impacted.
The 10% lumber tariff stacks on anti-dumping and countervailing duties the nation faces, and the United States not too long ago greater than doubled these to 35 p.c.
This signifies that Mr. Trump’s newest motion brings duties on Canadian lumber to 45%.
The BC Lumber Trade Council, which represents British Columbian lumber producers in Canada on commerce issues, in September known as the brand new tariffs “misguided and pointless.”
“This will impose unnecessary pressure on the North American market, threaten jobs on either side of the border, and make it tougher to handle the housing provide disaster within the United States,” the council added.
Stephen Brown of Capital Economics informed AFP that with 30% of lumber sourced from overseas, a ten% tariff might increase the price of constructing a mean dwelling by $2,200.
Brown added that China, Vietnam and Mexico account for the majority of U.S. furnishings imports.
“The U.S. will get 27% of its furnishings imports from China after which nearly 20% from each Vietnam and Mexico,” he informed AFP.
He expects Vietnam might face the largest influence “as furnishings makes up 10% of its exports to the US.”
The corresponding figures are smaller at 4% for China and a pair of.5% for Mexico.
The tariffs had been imposed beneath Section 232 of the Trade Expansion Act of 1962, the identical authority Trump used to roll out metal, aluminum and auto duties this yr.
Products topic to sector-specific tariffs usually are not doubly hit by countrywide ranges that Trump has individually imposed, that are in some instances increased
Published – October 14, 2025 10:20 am IST
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