President Donald Trump announced tariffs of 10% on the import of wood and lumber, and 25% on kitchen and bathroom furniture.

Donald Trump argued that these imports affect the national security of the USA. The new tariffs, which will come into effect on October 14, are part of a broader strategy that also includes other products, such as pharmaceuticals. Tariffs will increase to 30% and 50% from January 1 for certain products if trade agreements are not reached.