Trump delays increased tariffs on furniture and other goods for one year

President Trump is putting the brake on increased tariffs on furniture and other goods. The president signed a New Year’s Eve proclamation delaying higher tariffs on upholstered furniture, kitchen cabinets and vanities for a year. He cited ongoing trade talks for the reason. The order keeps in place a 25 percent tariff he imposed in September on those goods. The president has said the tariffs on furniture are needed to “bolster American industry and protect national security.”