President Donald Trump’s sprawling tariffs are claiming a new victim: home makeovers.
Trump announced in a Thursday Truth Social post that he was imposing a 50 percent tariff on “all kitchen cabinets, bathroom vanities, and associated products,” as well as a 30 percent tariff on upholstered furniture beginning Oct. 1st.
“The reason for this is the large scale ‘FLOODING’ of these products into the United States by other outside Countries,” he wrote. “It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process.”
Furniture spiked 4.7% last month in comparison to August 2024, CNN reported, citing Bureau of Labor Statistics data. Living room and dining room furniture rose an incredible 9.5%, it added.
In a separate post, Trump announ