Trump imposed 10% tariff on Lumber, 25% on cabinets and furniture in another jerk for Canadian producers
US President Donald Trump said on Monday that he was slapping 25 percent of duties on imported wood and wood and 25 percent of kitchen cabinets, bathroom vanity and upholstered furniture, continuing his tariff attack on global trading partners.
The action is first in three areas that Trump said that new duties will be received in early 1 October last week, including patent pharmaceutical imports and heavy truck imports. Monday’s proclamation starts two weeks later Lumber and furniture starts duties, ET on October 14 at 12:01.
Trump signed a presidential announcement, stating that wood, wood and furniture imports are eradicating US national security to justify new duties under Section 232 of the Business Act of 1974.
The increasing use of Section 232 of Trump comes when he waits for a Supreme Court verdict on the validity of his broad “mutual” tariffs on global trading partners, killed by two lower courts.
The announcement states that the tariff rate will start from October 14, but also said that duties will increase on January 1, 2026, 30 percent for wood products and 50 percent for kitchen cabinets and 50 percent for imported vanity from countries that failed to reach an agreement with the United States.
Trump’s proclamation stated that wood product imports were weakening the US economy, resulting in closure of wood mills and disruption of wood product supply chains and decreased use of American domestic wood industry.
Lumber mills on Mitchell Island along the Fraser River are still stirring, but there are concerns that they may be in trouble. Last Friday, the US Department of Commerce announced a major growth on duties for Canadian softwood wood. Other dumping fees were announced in July. This means that Canadian wood is now subject to duties of more than 35 percent. We talk with Kevin Mason Managing Director of ERA Forest Product Research, which provide some references on the ongoing business dispute.
“Because of the United States wooden industry, the United States may be unable to meet the demands of wood products that are important for national defense and significant infrastructure,” the statement said.
The order states that the use of wood products was used as “construction of infrastructure for operational testing, habitat and storage for personnel and materials, as a component in sages, and as a component in the missile-defense system and thermal-protection systems for the atomic-supplementary system and the atomic-transport system and the nuclear-purpose system.”
Pain for Canada, Vietnam and Mexico
Trump’s use of tariffs is a feature of their second term, which already throw new obstacles in businesses struggling with the already disrupted supply chains, rising costs, and consumer uncertainty. His administration has highlighted the increase in duties paid in government cofers.
Action stacks more tariffs on Canada, which is the largest softwood lumbar supplier for the US, where producers have already faced an anti-dumping and anti-vegetable tariff of about 35 percent due to a dispute over the Canadian public land.
The federal government, which expects to interact on US tariff cuts through widespread improvement of trade (CUSMA) on the 2020 Canada-US-Maxico agreement, has said that it will provide up to $ 1.2 billion to the Canadian softwood wooden producers to deal with pre-duties.
the current22:50US hit Canadian wood with new anti-dumping duties
Mexico and Vietnam are increasing wooden furniture suppliers in the US, when Trump hit Chinese furniture products with tariffs of up to 25 percent during his first term starting in 2018 – duties that have been increased to about 55 percent since then and can now be almost double for cabinets and vanity.
Trump’s proclamation offered some countries that killed the US with some relief from the duties of high wood products.
It states that American tariffs on wooden products from Britain would have dominated 10 percent and people from the European Union and Japan will be capted at 15 percent – rate in compromises of those structures.
But Trump’s statement did not mention his trade deal with Vietnam for a 20 percent tariff rate in July, an agreement that is still not formally documented.
In April, after the Commerce Department opened a national security check in the US Lumber imports, the US Chamber of Commerce announced its protest for any restriction on the import of wood, wood and their derived products, including wooden pulp, paper and cardboard.
The chamber wrote, “The import of these goods does not represent a national security risk.” “Putting tariffs on these goods will increase the cost for American businesses and home construction, the success of Anand will be reduced by the US paper industry, and will reduce income in many American communities.”
