- On September 29, 2025, President Donald J. Trump issued a proclamation imposing tariffs on certain wood imports and their derivatives, effective on October 14, 2025.
- The tariffs include (i) a 10% tariff on softwood timber and lumber; (ii) a 25% tariff on upholstered wooden furniture, increasing to 30% on January 1, 2026; and (iii) a 25% tariff on kitchen cabinets and vanities, increasing to 50% on January 1, 2026.
- President Trump also signaled his intention to impose a 100% tariff on films made outside of the United States, but no formal orders or details have been released.
View other S&C insights relating to the Trump administration’s recent tariffs and trade measures.