"The president said that from October 1, there will also be new, 50% tariffs on select home items, including bathroom vanities, kitchen cabinets, as well as other "associated products." But Trump didn't stop there. He said that from the same date, there would also be 30% tariffs on upholstered furniture. 'The reason for this is the large scale 'FLOODING' of these products into the United States by other outside Countries,' the president wrote."
"Yesterday, the president of the United States took to his social media platform to announce another sweeping round of tariffs, including a 100% tariff on some pharmaceutical products and a 25% tariff on heavy trucks. But smack in the middle of those two high tariffs was another tariff Trump announced, this one of 50%. The president said that from October 1, there will also be new, 50% tariffs on select home items, including bathroom vanities, kitchen cabinets, as well as other "associated products.""
New tariffs announced impose steep duties on a range of products, including a 100% tariff on some pharmaceuticals, 25% on heavy trucks, and a 50% tariff on select home items. Effective October 1, the 50% duties target bathroom vanities, kitchen cabinets and other associated products, while upholstered furniture will face 30% tariffs. The stated rationale cites large-scale "flooding" of imports and national security and manufacturing protection. Pharmaceutical firms building U.S. facilities may be exempt from the 100% duties. Major home-furnishing retailers with extensive U.S. presence face significant potential disruption and cost increases.
Read at Fast Company
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