What's Hot

    Voyager Technologies raises 2026 income steerage to $225M–$255M amid report backlog and expanded protection demand (NYSE:VOYG) | Invesloan.com

    March 10, 2026

    ICE says Camp East Montana detention facility staying open, not closing | Invesloan.com

    March 10, 2026

    Lovable Just Hit $400 Million in ARR, Doubling in a Few Months. | Invesloan.com

    March 10, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Trump administration delays furnishings tariff will increase till subsequent yr | Invesloan.com
    Politics

    Trump administration delays furnishings tariff will increase till subsequent yr | Invesloan.com

    January 5, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NEWYou can now listen to Fox News articles!

    The Trump administration is ramping down tariffs for even more goods as the White House zeroes in on its messaging surrounding affordability — an issue dominating American voters’ concerns. 

    The White House announced Wednesday that tariffs slated to kick in Thursday on furniture, kitchen cabinets and vanities would be postponed for another year — a move that comes as President Donald Trump already has scaled back tariffs on imported foods like coffee and bananas. 

    “This indicates that on some level the White House understands that President Trump’s tariffs are driving up consumer prices, and that Trump and the Republican Party are incurring substantial political damage from higher prices,” Michael Strain, director of economic policy studies at the conservative-leaning American Enterprise Institute think tank in Washington, said in an email to Fox News Digital Friday. 

    White House building

    The White House is seen the day after President Donald Trump announced U.S. military strikes on nuclear sites in Iran on June 22, 2025 in Washington, DC. (Kevin Carter/Getty Images)

    The White House slapped a 25% tariff on furniture, kitchen cabinets and vanities in October. Tariffs on furniture were slated to increase to 30% in January, and tariffs on the cabinets and vanities were set to increase to 50%.

    WHITE HOUSE TEASES MAJOR HOUSING AFFORDABILITY PLAN AS PRICES SQUEEZE AMERICANS 

    But now, the current 25% rate will remain for the rest of the year, the White House said in December, due to “productive” negotiations with trade partners to address “trade reciprocity and national security concerns with respect to imports of wood products,” according to the White House. 

    Meanwhile, the Bureau of Labor Statistics reported in November that household furnishings increased 4.6% in the past year. The Bureau of Labor Statistics’s Consumer Price Index released in December found that consumer costs rose 2.7% in the past year. 

    As a result, Republican strategist Matt Gorman said that he expects the White House to roll out additional initiatives like delaying higher tariffs in 2026.

    President Donald Trump holds up a signed executive order imposing tariffs during a Rose Garden trade announcement.

    President Donald Trump displays a signed executive order imposing tariffs on imported goods during a “Make America Wealthy Again” trade announcement event in the White House Rose Garden on April 2, 2025.  (Andrew Harnik/Getty Images)

    TRUMP TOUTS BRINGING COUNTRY BACK FROM ‘BRINK OF RUIN’ 

    “The White House is laser-focused on cutting costs for the American people. This is another example of that. These tariffs give the president maximum flexibility and that’s a huge asset of their use,” Gorman, who previously served as the communications director for the National Republican Congressional Committee, said in an email to Fox News Digital Friday. “I’d expect to see more of these moves, lowering costs for the average consumer, as the year moves along.” 

    The White House did not respond to a request for comment from Fox News Digital on how the delay on higher tariffs ties into Trump’s messaging on affordability and the economy, and said that the order reflects that trade talks are moving forward positively. 

    Affordability and the economy were top priorities for voters in the 2025 election, which included New York Mayor Zohran Mamdani’s race, as well as several other key gubernatorial races in Virginia and New Jersey, which Democrats ultimately won.

    FOX NEWS POLL: AS PRICES PINCH, VOTERS SEE TRUMP FOCUSED ELSEWHERE 

    Fox News Voter Poll data found that New York City voters ranked affordability as their top concern, and that New Jersey voters reported the state’s high taxes and the economy ranked as their top two issues. Additionally, the poll data found that half of voters in Virginia said that the economy was their top priority. 

    President Donald Trump smiles while speaking at podium

    U.S. President Donald Trump delivers remarks during an event at Mount Airy Casino Resort on December 9, 2025 in Mount Pocono, Pennsylvania. Trump discussed his administration’s economic agenda and its efforts to lower the cost of living. (Alex Wong/Getty Images)

    The election has prompted Republicans to hone in on economic issues in recent weeks, casting blame on former President Joe Biden for rising inflation costs and touting Trump’s record on economic issues.

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP 

    For example, White House press secretary Karoline Leavitt said in December that Trump’s policies are making America “affordable again,” and that the administration is working every day to “bring down the cost of living through bigger paychecks and lower prices.” 

    Additionally, Trump has maintained that the economy is “roaring,” and said in December he would rate his performance on the economy an “A-plus-plus-plus-plus-plus.” 

    Diana Stancy is a politics reporter with Fox News Digital covering the White House. 

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    ICE says Camp East Montana detention facility staying open, not closing | Invesloan.com

    Trump is ‘on the poll’ in November midterms, Johnson says | Invesloan.com

    Justice Dept blasts ‘partisan’ DC Bar grievance towards senior Trump official | Invesloan.com

    Fox News ballot exhibits 53% of voters count on AI to vary life dramatically | Invesloan.com

    Dem witness argues immigrants ‘profit’ nation by lowering deficit | Invesloan.com

    Minnesota Democrat suggests learning ‘advantages of shoplifting’ in listening to | Invesloan.com

    GOP lawmaker pushes federal motion after father’s $91K playing spiral | Invesloan.com

    Judge bars Fani Willis from Trump authorized payment battle after disqualification | Invesloan.com

    Trump takes feud with Massie to his Kentucky residence turf forward of major battle | Invesloan.com

    LATEST NEWS

    Voyager Technologies raises 2026 income steerage to $225M–$255M amid report backlog and expanded protection demand (NYSE:VOYG) | Invesloan.com

    March 10, 2026

    ICE says Camp East Montana detention facility staying open, not closing | Invesloan.com

    March 10, 2026

    Lovable Just Hit $400 Million in ARR, Doubling in a Few Months. | Invesloan.com

    March 10, 2026

    Oracle’s inventory rises as AI demand spurs an earnings milestone not seen in 15 years | Invesloan.com

    March 10, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}