- United States President Trump issued a Proclamation on 29 September 2025 imposing tariffs on imports of timber, lumber and their derivative products, citing national security concerns.
- A 10% ad valorem duty will be applied to imports of softwood timber and lumber, while certain upholstered wooden products, kitchen cabinets and vanities will face a 25% duty beginning 14 October 2025. Beginning 1 January 2026, the duty rate of upholstered wooden products will increase to 30% and duty rate for kitchen cabinets and vanities will increase to 50%.
- The Proclamation establishes procedures for monitoring imports and allows for adjustments based on ongoing negotiations with trading partners, including the United Kingdom, European Union and Japan.
Source EY
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