Trump Imposes Wood and Furniture Tariffs, Reups 100% Threat on Foreign-Made Films

Overview

• A presidential proclamation sets a 10% tariff on imported softwood and wood panels and 25% on kitchen cabinets, vanities and upholstered furniture, with higher rates scheduled for Jan. 1 for countries without agreements.
• The furniture duties are slated to rise to 30% for upholstered wood products and 50% for kitchen cabinets and vanities at the start of the year absent negotiated deals.
• Preferential caps apply to some partners, with the United Kingdom limited to 10% and the European Union and Japan to 15%, reflecting separate arrangements.
• President Trump separately reiterated a plan for a 100% tariff on films produced outside the United States, providing no implementation details or timing.
• Industry groups warn of higher costs and supply disruptions for builders, retailers and studios, while broader legal challenges to presidential tariff powers remain pending ahead of a Nov. 5 Supreme Court hearing.