Overview
- Imports entered on or after 12:01 a.m. EDT Oct. 14 face new rates: 10% on softwood timber and lumber, 25% on certain upholstered wood products and on kitchen cabinets and vanities, with those two rising to 30% and 50% on Jan. 1, 2026.
- Tariffs on covered goods from the United Kingdom are capped at 10%, and combined rates for covered goods from the European Union and Japan are capped at 15%, with partners invited to negotiate frameworks.
- The new duties apply alongside existing antidumping and countervailing measures but replace certain reciprocal IEEPA tariffs; auto tariffs take precedence, duty drawback is available, and FTZ entries must use privileged foreign status.
- The proclamation directs Commerce to create an inclusion process, monitor for undervaluation or circumvention, consider converting ad valorem rates to specific or compound duties, and report by Oct. 1, 2026.
- Industry analyses warn of near‑term cost pressures for construction and hospitality, with Canadian softwood shipments facing combined duties reported at roughly 45% due to stacking with existing AD/CVD orders.