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President Trump is adding more tariffs to the list, this time taking aim at wood, furniture
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even movies. On Monday, President Trump signed a proclamation saying the U.S. will start charging
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a 10 percent tariff on foreign software lumber and timber, which are used in a wide variety of
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building materials. He also announced a 25 percent tariff on kitchen cabinets, vanities
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and upholstered wooden furniture. Those tariffs take effect October 14th and go even higher in
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the new year, 50 percent on cabinets and 30 percent on furniture starting January 1st
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Industry ysts warned the moves could push up lumber costs and, as a result, housing prices
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And that's not all. In a Truth Social post, Trump said he will also impose a 100 percent tariff on
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any movie made outside the United States, claiming the movie-making business has been stolen from the U.S
