"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 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."
"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."
President Donald Trump signed a proclamation delaying planned tariff increases on upholstered furniture, kitchen cabinets and vanities for one year while keeping the existing 25% tariff. The delayed increases had included a 30% tariff on upholstered furniture and a 50% tariff on cabinets and vanities set to take effect Jan. 1. The administration framed the tariffs as tools to bolster American industry and protect national security amid broader tariffs on imports. The administration also signaled a retreat from a proposed 107% tariff on Italian pasta after the Commerce Department lowered potential duties to between 2.26% and 13.89%. Italian industry groups welcomed the change and had urged government intervention; a final decision on the pasta case is set for March 12.
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