Trump Implements Tariffs on Lumber, Furniture, and Pharmaceuticals to Address National Security Concerns
TL;DR Summary
President Donald Trump signed a proclamation imposing tariffs on imports of timber, lumber, and related products to protect U.S. industry and national security, citing foreign subsidies and supply chain vulnerabilities, with specific tariffs set for various products and trade partners.
- Fact Sheet: President Donald J. Trump Addresses the Threat to National Security from Imports of Timber, Lumber, and Their Derivative Products The White House (.gov)
- Trump places a 10% tariff on lumber and a 25% tariff on furniture and cabinets CNN
- Home Builders, and Homeowners, Brace for Impact of Kitchen Tariffs The New York Times
- What to know about Trump’s new pharmaceutical tariff plan The Hill
- Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture Reuters
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