Trump signs proclamation imposing lumber tariffs, capped at 15% for EU, Japan.

The White House said President Donald Trump has signed a proclamation adjusting imports of timber, lumber and derivative products into the United States, with new tariffs set to take effect on October 14.

The measure introduces national security tariffs on lumber, though Trump said the tariff rate for wood products originating from the EU and Japan will be capped at 15%. The proclamation is part of the administration’s wider trade policy adjustments targeting key sectors.

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New tariffs on wood and lumber products from Oct. 14

• 25% ad valorem duty to apply on some upholstered wooden products, kitchen cabinets and vanities

• Softwood timber and lumber imports to face 10% tariff

• Imports from EU and Japan capped at 15% tariff