Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • 5 Key Differences Between LLC C Corp and S Corp
    • 5 Must-Know B2B Deals to Maximize Savings
    • What Is Social Media Community Management and Its Importance?
    • 10 Powerful Teamwork Tactics for Collaboration Enhancement
    • Top 7 Bookkeeping Apps for Small Businesses
    • What Is Computer Asset Management and Its Importance?
    • What Are Personal Micro Loans and How Do They Function?
    • How ‘Nirvanna the Band’ helped revitalize a landmark Toronto venue
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»Trump’s new order delays tariff increases on kitchen cabinets and upholstered furniture
    Business 3 Mins Read

    Trump’s new order delays tariff increases on kitchen cabinets and upholstered furniture

    Business 3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    President Donald Trump signed a New Year’s Eve proclamation delaying increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year, citing ongoing trade talks.
    Trump’s order signed Wednesday keeps in place a 25% tariff he imposed in September on those goods, but delays for another year a 30% tariff on upholstered furniture and 50% tariff on kitchen cabinets and vanities.
    The increases, which were set to take effect Jan. 1, come as the Republican president instituted a broad swath of taxes on imported goods to address trade imbalances and other issues.
    The president has said the tariffs on furniture are needed to “bolster American industry and protect national security.”
    The delay is the latest in the roller coaster of Trump’s tariff wars since he returned to office last year, with the president announcing levies at times without warning and then delaying or pulling back from them just as abruptly.
    The Trump administration on Wednesday also signaled it may back away from a steep tariff proposed on Italian pasta that would have put the rate at 107%. The U.S. had threatened to add a heavy tariff on Italian pasta makers after the U.S. Commerce Department launched what it said was a routine antidumping review based on allegations that the pasta makers sold product into the US at below-market prices and undercut local competitors.
    A final decision on the sanctions was scheduled for Jan. 2, with the option of extending it.
    The Commerce Department said Wednesday that based on a new review, the rates would be lowered to between 2.26% and 13.89% for the pasta makers because they had addressed many of the department’s concerns. A final decision is now set for March 12.
    Italian farm lobby Coldiretti and another food industry association, Filiera Italia, welcomed the development. The two lobby groups had strongly objected to the original tariffs and urged the Italian government to intervene.
    The two associations said the original proposed tariffs would have doubled the cost of a plate of pasta for American families, “opening the door to Italian-sounding products and penalizing the authentic quality of Made in Italy.”
    They reported that in 2024, Italian pasta exports to the U.S. amounted to €671 million ($787 million).
    “Coldiretti and Filiera Italia will continue to defend our premium pasta exported to the U.S. market, which we have also supported with a strong campaign in the international media,” the associations said in a statement.


    Associated Press writer Nicole Winfield in Rome contributed to this report.

    —Michelle L. Price, Associated Press



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    5 Key Differences Between LLC C Corp and S Corp

    May 30, 2026

    5 Must-Know B2B Deals to Maximize Savings

    May 30, 2026

    What Is Social Media Community Management and Its Importance?

    May 30, 2026
    Top News
    Business 9 Mins Read

    7 Top Personnel Management Software Solutions

    Business 9 Mins Read

    Regarding personnel management software, choosing the right solution can greatly improve your HR operations. With…

    How Hershey’s chocolate survived Mars’s attack and reinvented its business strategy

    October 31, 2025

    3 conversation-killers to avoid at work

    March 1, 2026

    The book that could change how kids learn about digital privacy

    January 4, 2026
    Top Trending
    Business 7 Mins Read

    5 Key Differences Between LLC C Corp and S Corp

    Business 7 Mins Read

    When choosing a business structure, it’s essential to grasp the key differences…

    Business 7 Mins Read

    5 Must-Know B2B Deals to Maximize Savings

    Business 7 Mins Read

    To maximize savings in your B2B deals, focus on five essential strategies.…

    Business 7 Mins Read

    What Is Social Media Community Management and Its Importance?

    Business 7 Mins Read

    Social media community management is about actively engaging with your audience across…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    5 Key Differences Between LLC C Corp and S Corp

    May 30, 2026

    5 Must-Know B2B Deals to Maximize Savings

    May 30, 2026

    What Is Social Media Community Management and Its Importance?

    May 30, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.