
"United States President Donald Trump has said that he will delay the implementation of tariffs on upholstered furniture, kitchen cabinets and vanities for one year, amid growing concerns over cost-of-living issues. Trump signed an order on Wednesday night, during the New Year's Eve holiday, pausing a planned 50 percent tariff on cabinets and vanities and a 30 percent tariff on upholstered furniture."
"Polls indicate that rising prices and the cost of living are major concerns for people in the US as the country approaches its 2026 midterm elections, scheduled for November. Voters hold President Trump's policies, and tariffs in particular, at least partly responsible for their economic woes. A Politico poll released in December found that 30 percent of respondents cited tariffs as the primary reason prices were high, and 32 percent said that Trump bears full responsibility for the state of the economy."
President Trump delayed the planned implementation of higher tariffs on upholstered furniture, kitchen cabinets and vanities for one year while maintaining a 25 percent tariff previously imposed in September. The pause rescinded planned increases to 50 percent for cabinets and vanities and 30 percent for upholstered furniture. Rising prices and cost-of-living concerns are cited as driving the decision ahead of the 2026 midterm elections. Polling shows many voters blame tariffs and the president for higher prices and economic troubles. Democratic politicians emphasize affordability issues. The US also agreed to reduce proposed import duties on pasta from 13 Italian companies after earlier threats.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]