According to a factsheet issued by the White House, US President Donald Trump has signed a notice invoking section 232 of the Trade Expansion Act to delay tariff increases on upholstered furniture, cabinets, and dressing tables by one year. The United States will continue to engage in fruitful negotiations to resolve trade parity and national security issues in the import of wood products. As a result, the US postponed the implementation of the tariff increase measures for upholstered furniture, cabinets, and dressing tables, which were originally scheduled to take effect on January 1, for one year. The current 25% tariff on certain upholstered furniture, cabinets, and dressing tables in accordance with the September 25 announcement will continue to be in effect. The White House said that Trump made it clear in his September announcement last year that starting January 1 of this year, the tariff rate on “some wooden upholstered furniture” will be raised from 25% to 30%, and the tariff rate on cabinets and bathroom cabinets will be raised from 25% to 50%; however, the announcement issued this time delayed this tax adjustment measure, and the current 25% tariff rate remained unchanged.

According to a factsheet issued by the White House, US President Donald Trump has signed a notice invoking section 232 of the Trade Expansion Act to delay tariff increases on upholstered furniture, cabinets, and dressing tables by one year. The United States will continue to engage in fruitful negotiations to resolve trade parity and national security issues in the import of wood products. As a result, the US postponed the implementation of the tariff increase measures for upholstered furniture, cabinets, and dressing tables, which were originally scheduled to take effect on January 1, for one year. The current 25% tariff on certain upholstered furniture, cabinets, and dressing tables in accordance with the September 25 announcement will continue to be in effect. The White House said that Trump made it clear in his September announcement last year that starting January 1 of this year, the tariff rate on “some wooden upholstered furniture” will be raised from 25% to 30%, and the tariff rate on cabinets and bathroom cabinets will be raised from 25% to 50%; however, the announcement issued this time delayed this tax adjustment measure, and the current 25% tariff rate remained unchanged.