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Trump tariffs live updates: Trump tariffs on timber, lumber, furniture to hit Canada, US housing
Yahoo Finance ^ | September 30, 2025

Posted on 09/30/2025 8:41:29 AM PDT by lasereye

President Trump on Monday night announced tariffs of 10% on softwood timber and lumber alongside a 25% tariff on "certain upholstered wooden products" due to take effect on Oct. 14, according to the White House.

This was the latest set of tariffs to be announced impacting the furniture industry, after Trump posted last week about a flurry of tariffs on kitchen cabinets, vanities, and other upholstered products on that will take effect Oct. 1.

Trump said the lumber tariffs will help "strengthen supply chains" and "bolster industrial resilience." Yet home builders have warned this could deter investments in new homes and renovations. Canada is also set to be hit hard by the order, as it's the US's largest wood supplier and already subject to duties of over 35%.

Earlier Monday, Trump said he would impose 100% tariffs on foreign films and "substantial" duties on furniture imports, part of a revived tariff blitz in recent days.

"Our movie making business has been stolen from the United States of America," he posted on Truth Social. He added that the furniture tariffs were part of an effort to revitalize the furniture-making business in North Carolina, which he said has been "completely lost" to China and other countries.

Other planned new tariffs include pharmaceuticals, including a 100% duty on patented drugs unless the producer builds a plant in the US or the country has a trade deal that covers drugs.

Elsewhere, the US and China have made progress toward various contours of a broader deal following a call between Trump and China's President Xi Jinping. Trump said after that call that the countries had reached an agreement to spin off the TikTok app in the US.

Trump said the two leaders plan to conduct a series of meetings in the coming months.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; News/Current Events; US: North Carolina
KEYWORDS: lumber; tariffs; trump
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It appears Trump is deliberately increasing the cost of furniture and new homes, among other things, allegedly to revitalize a single industry in one state. High home prices are already a problem for many people. According to the article there is already 35% tariff on Canadian lumber.

But I don't understand why supposedly boosting that one industry justifies adding to the cost of building a new home, when homes are already out of the reach of many people. And of course it will also increase the cost of furniture along with the furniture tariffs.

If this actually results in more furniture factories here, I doubt that the pay will be high. Higher pay is supposedly one of the main reasons for the tariffs. Certain industries are strategically important but that doesn't apply here.

I'm open to logical explanations. I'm expecting responses like like "You're a globalist!" or "This problem developed over a long period of time. It won't be solved overnight!" or various other non-sequiturs. I may even get someone saying that people will just have to do without new furniture and new homes.

Drug costs are likely to jump higher at least in the short-run, when everyone already complains about the cost of drugs. Hopefully there will be some quick deals so that doesn't happen. Otherwise Trump's handing the Democrats a big line of attack in the 2026 mid-terms.

The tariff on foreign films seems pointless to me though I don't really care about that.

1 posted on 09/30/2025 8:41:29 AM PDT by lasereye
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To: lasereye

As more and more illegals leave, home prices will come down. Supply and demand. 40 million less people equals less demand.


2 posted on 09/30/2025 8:44:48 AM PDT by packrat35 (โ€œWhen discourse ends, violence begins.โ€ โ€“ Charlie Kirk, and they killed him anyway)
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To: lasereye

The next piece of furniture I plan on buying will be the last one I ever need, and I have my eye on a Wisconsin-made brand.


3 posted on 09/30/2025 8:46:43 AM PDT by Kleon
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To: lasereye

You dumb ass Trump is trying to undue the damage 30 years of free trade has done:. Every other country has tariffs you globalist POS.


4 posted on 09/30/2025 8:49:09 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: lasereye

You have a fundamental lack of understanding of supply/demand and a free market.


5 posted on 09/30/2025 8:49:41 AM PDT by bobbo666
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To: Kleon
The next piece of furniture I plan on buying will be the last one I ever need, and I have my eye on a Wisconsin-made brand.

Wisconsin makes great shoes too, Presidents used to wear them for inaugurations. https://www.allenedmonds.com/

6 posted on 09/30/2025 8:49:43 AM PDT by 1Old Pro
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To: lasereye

What’s best for our republic comes first.


7 posted on 09/30/2025 8:50:24 AM PDT by mewzilla (Swing away, Mr. President, swing away! ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ)
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To: lasereye

Tariffs are the closest thing we have to a National Sales Tax, which I want to replace the income tax.

Everyone buying foreign goods - including all criminals (plus illegals) and welfare recipients - pays tariff taxes to fund the US government.

If we didnโ€™t have half or more of this nation as those categories, I might be more understanding of your position.


8 posted on 09/30/2025 8:52:29 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: lasereye

30x30 two-story house

outside walls

~240’ of 2x6 studs 16” o.c. ~= 180 studs ~= $900
~360’ of 2x6 plates ~= 45 studs ~= $225

inside walls

~120’ of 2x4 studs 16” o.c. ~= 90 studs ~= $350
~120’ of 2x4 plates ~= 15 studs ~= $60

joists

25x2 of 2 16’x2”x12” joists
100 16’x2”x12” joists ~= $3000

about $4500

plywood

roof x 30’x30’ ~= 1000 sq. ft. ~= $1100

floors ~1800 sq. ft. $42 4’x8’x3/4” sheet ~= $2,400

truss wood

16(1+30/2 24” o.c.) x 70’ ~= 140 2x4 studs ~= $560

wood for house ~= $8000 total


9 posted on 09/30/2025 9:09:38 AM PDT by Brian Griffin
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To: packrat35
plausible scenario but we NEED to remove the tens of millions on various visas (H-1B, F1, OPT, etc.) in tandem. and TERMINATE these visa programs indefinitely.

I should not have to step inside of a Costco in Texas and speculate whether I am in Mumbai or Dallas...
10 posted on 09/30/2025 9:12:21 AM PDT by millenial4freedom (Government was supposed to preserve freedom, not serve as a jobs program for delinquents and misfits)
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To: packrat35
plausible scenario but we NEED to remove the tens of millions on various visas (H-1B, F1, OPT, etc.) in tandem. and TERMINATE these visa programs indefinitely.

I should not have to step inside of a Costco in Texas and speculate whether I am in Mumbai or Dallas...
11 posted on 09/30/2025 9:12:26 AM PDT by millenial4freedom (Government was supposed to preserve freedom, not serve as a jobs program for delinquents and misfits)
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To: Brian Griffin

~240โ€™ of 2x6 studs 16โ€ o.c. ~= 180 studs ~= $900
~360โ€™ of 2x6 plates ~= 45 studs ~= $225

should be

~240โ€™ of 2x6 studs 16โ€ o.c. ~= 180 studs ~= $1200
~480โ€™ of 2x6 plates ~= 60 studs ~= $400


12 posted on 09/30/2025 9:25:17 AM PDT by Brian Griffin
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To: lasereye

Youtuber WDW Pro on why Disney and the UK are excreting bricks right now...

https://youtu.be/tqE9V0V_DUA?feature=shared

Bwah hah hah hah hah!!!!


13 posted on 09/30/2025 9:28:59 AM PDT by mewzilla (Swing away, Mr. President, swing away! ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ)
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To: Brian Griffin

wood for house ~= $9000 total


14 posted on 09/30/2025 9:29:38 AM PDT by Brian Griffin
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To: mewzilla

Ooooh, Canada, too.

Works for me.


15 posted on 09/30/2025 9:30:08 AM PDT by mewzilla (Swing away, Mr. President, swing away! ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ)
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To: lasereye

“High home prices are already a problem for many people.”

After the last hurricane, I was talking to some people that had a new house built a year before.

The ten trees (2” diameter minimum 12” above ground, from a list of approved tree species) Sarasota County, Florida required them to plant and maintain for 10 years had been blown over.

The trees had cost them $3,750.


16 posted on 09/30/2025 9:37:19 AM PDT by Brian Griffin
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To: lasereye

It seems the system was fundamentally changed to enrich American companies that worked with American politicians and foreign nations to send jobs and industry previous thriving in pockets of America, to foreign countries.

And some America pockets had the opportunity then to turn into budding meth lab operations..

President Trump appears to really be fighting a trade war with American companies, American politicians and their foreign nation allies, I’d consider foreign enemies (even if I shared a border with them) if I was President centered on America First.


17 posted on 09/30/2025 9:41:22 AM PDT by delchiante
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To: packrat35

“home prices will come down. Supply and demand.”

Close down all civilian airports within 150 miles of I-95 or I-5.

Limit flights from airports to 10,000 people per day.

Spread the population around.


18 posted on 09/30/2025 9:52:53 AM PDT by Brian Griffin
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To: central_va

Agreed! The so-called trade agreement between Canada & US really was more of a protectionism tariff on Canadian industries than a Free Trade deal!


19 posted on 09/30/2025 10:00:45 AM PDT by existentially_kuffer
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To: lasereye

You will not get criticism from me. He is run amok with tariffs and protective tariffs simply raise prices, they are a tax on everyone.

Listening to his speech to the assembly of flag officers, it is not great. Part of it is crowing about tariffs and of course filled with I’itis. He needs to learn a new word... WE and use it often.

Tariffs are a license to raise the prices of non-competitive good and continue to price gouge if the tariffs are ever lifted. They are often a reward for inefficiency. In certain cases, they can be reciprocal to offset abusive trade practices.

This area once had a large number of furniture factories, some were good quality products. They were low paying jobs, usually for students when in the summer they made lots of parts for assembly during the rest of the year. People were paid on a piecework basis. Every single one of those plants is gone now, they just could not get labor at the compensation they paid and could not be competitive with the foreign made junk. Americans have done this, they buy price and not quality and will not pay for that. BTW, every one of the plant owners made out like bandits. They could have taken less profit and paid better and stayed in business competitively. They chose not to.


20 posted on 09/30/2025 10:03:15 AM PDT by Sequoyah101
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