Trump: Additional tariffs on imported timber and cabinets to take effect from October 14
On September 29 local time, US President Trump announced that a 10% tariff will be imposed on imported softwood logs and timber, and an additional 25% tariff will be imposed on imported cabinets, bathroom vanities, and upholstered wood products.
The new tariffs will take effect on October 14, with some rates set to increase further starting January 1 next year.
Previously, the US Department of Commerce had initiated an investigation into timber and its derivatives (including cabinets and furniture) starting in March this year.
Trump: Will impose a 100% tariff on all films made overseas
On September 29 local time, US President Trump posted on the social media platform “Truth Social,” stating that the US film production industry “has been stolen from the United States by other countries,” likening it to “taking candy from a baby.”
Trump claimed that the Governor of California is “weak and incompetent” and has been hit particularly hard. To solve this “long-standing and never-ending” problem, a 100% tariff will be imposed on all films produced outside the United States.
On May 4 local time, Trump had already posted on social media, stating that he would authorize the US Department of Commerce and the US Trade Representative to immediately initiate procedures to impose a 100% tariff on all films made in foreign countries entering the United States. This move has raised concerns among US film industry professionals and related experts.
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