US tariffs on lumber imports set for October 14 | Business

WASHINGTON, Sept 30, 2025 (BSS/AFP) - US President Donald Trump on Monday set a slate of tariffs for lumber imports to go into effect October 14. In a proclamation, the White House imposed a "10 percent global tariff on imports of softwood lumber." It also set "a 25 percent global tariff on upholstered furniture, which will increase to 30 percent on January 1." And home renovation materials were hardest hit in the latest round of tariffs, which marked a "25 percent global tariff on kitchen cabinets and vanities, which will increase to 50 percent on January 1." Some economies were singled out for better tariff rates, with the United Kingdom, the European Union and Japan set to "enjoy more favorable...