🚨 *Breaking News: Trump Announces New Tariffs on Furniture Imports* 📈

*Tariff Details:* 📊

- *Upholstered Furniture:* 30% tariff

- *Kitchen Cabinets and Bathroom Vanities:* 50% tariff

- *Lumber Imports:* 10% tariff

- *Effective Date:* October 14, 2025

*Impact on Countries:* 🌎

- *Countries Not Exempt:* Face substantial tariffs if they don't make furniture in the US

- *Exceptions:* Countries with trade deals, like the UK and EU, may have lower tariff rates

*Market Impact:* 📊

- *US Furniture Imports:* Over $20 billion annually, with most coming from East Asia

- *Potential Consequences:* Higher prices, reduced margins, and uncertainty for businesses and consumers#Binance #crypto #Write2Earn