New Section 232 Tariffs on Lumber, Furniture, and Wood Products Begin October 14
On September 29, President Trump issued a proclamation announcing new Section 232 tariffs on lumber, kitchen cabinets and vanities, and other wood products. These tariffs will take effect at 12:01 a.m. ET on October 14. According to the proclamation, the following duties will apply: 10% global tariff on imports of softwood lumber. 25% global tariff…
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