President Donald Trump announced new tariffs Monday on imported lumber, timber, and wooden furniture, escalating his use of trade measures to bolster U.S. manufacturing.
The proclamation sets a 10 percent tariff on timber and lumber imports and a 25 percent duty on kitchen cabinets, bathroom vanities, and upholstered furniture. The tariffs take effect Oct. 14 at 12:01 a.m. Eastern.
The White House said the move was justified under Section 232 of the Trade Expansion Act of 1962, which allows tariffs on imports deemed threats to national security. Trump argued that foreign wood products have weakened U.S. mills and supply chains, leaving the…
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