00:00U.S. President Donald Trump has signed a proclamation to delay a tariff hike on upholstered furniture, kitchen cabinets and vanities.
00:08The higher duties had been set to take effect today, but will now be postponed until January 1, 2027.
00:16Under a proclamation issued in September, tariffs on certain upholstered wooden products were due to rise to 25-30%,
00:24while duties on kitchen cabinets and vanities were set to double to 50%.
00:29The latest move keeps the existing 25% tariffs in place, according to the White House.
00:34The delay also eases the pace of Trump's levies as voter frustration over high prices continue to simmer.
00:42A White House fact sheet said the U.S. was continuing productive negotiations with trade partners to address trade reciprocity
00:50and national security concerns related to wood product imports, suggesting that talks could lead to further deferrals of the proposed tariff increases.
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