Marketdash
Back to Stock Market News

Trump Delays Furniture Tariffs Until 2027, Dramatically Cuts Italian Pasta Duties

MarketDash Editorial Team
2 hours ago
The Trump administration is pumping the brakes on furniture tariffs while slashing duties on Italian pasta imports. The moves come after productive trade negotiations, though budget analysts warn the tariff rollbacks could cost nearly $800 billion in expected debt reduction.

Starting the new year with an unexpected gift to furniture buyers and pasta lovers, the Trump administration announced it's hitting pause on planned tariff increases while dramatically reducing duties on Italian pasta imports.

Furniture Gets a Reprieve

The White House decided to delay higher tariff rates on furniture, kitchen cabinets, and vanities that were supposed to take effect on January 1. Instead of the planned escalation, these products get another year of breathing room.

Here's what was supposed to happen: Back in October, the administration announced a 25% duty on upholstered furniture, kitchen cabinets, and vanities. The plan called for tariffs on cabinets and vanities to jump to 50% in 2026, while duties on upholstered wooden furniture like sofas and chairs were set to hit 30%.

Now, the 25% tariff stays put for these goods until at least January 1, 2027. According to the White House, the delay comes after "productive negotiations with trade partners to address trade reciprocity and national security concerns with respect to imports of wood products."

Pasta Makers Catch a Break

In a separate development on Thursday, the U.S. Commerce Department slashed proposed anti-dumping duties on Italian pasta makers after a preliminary review found exporters had addressed many of the government's concerns. We're talking about massive reductions here. Duties that were initially set as high as 92% got cut to just 2.26% for La Molisana, 13.98% for Garofalo, and 9.09% for the remaining 11 producers.

The department plans to let stakeholders weigh in on the post-preliminary analysis before issuing final results, which are scheduled for March 12, 2026.

The Budget Problem Nobody Wants to Talk About

This latest move continues a pattern of tariff adjustments from the Trump administration. Back in November 2025, the White House rolled back tariffs on coffee, beef, and other agricultural imports as pressure mounted over rising prices. That was followed by eliminating tariffs on certain Brazilian exports in response to soaring grocery costs.

But here's the catch: According to the Congressional Budget Office, these tariff rollbacks are likely to have a significant impact on the U.S. economy, erasing nearly $800 billion in expected debt reduction. That's not exactly pocket change.

What This Means for Furniture Retailers

When Trump first floated these furniture tariffs, the market didn't love it. CNBC commentator Jim Cramer criticized the proposed furniture tariffs as ill-timed and unrealistic, arguing they won't revive U.S. manufacturing and ignore the benefits of globalization. Shares of RH (RH), Williams-Sonoma (WSM), and Wayfair (W) all took hits after Trump's social media post in August signaling the tariffs were coming.

That said, not everyone in the furniture industry was panicking. Gary Friedman, CEO of luxury furnishing retailer RH, previously argued that despite short-term challenges from tariffs, the disruption actually favors his company. He contended that RH's scale and flexibility position it to emerge stronger as weaker competitors struggle. The company announced plans to sharply reduce imports from China while boosting production in the U.S. and Italy, with some vendors absorbing much of the tariff impact.

The delay gives furniture retailers more time to adjust their supply chains and potentially avoid the steepest increases altogether. Whether that's enough to fundamentally reshape American furniture manufacturing, or just kicks the can down the road, remains to be seen.

Back to Stock Market News

Trump Delays Furniture Tariffs Until 2027, Dramatically Cuts Italian Pasta Duties

MarketDash Editorial Team
2 hours ago
The Trump administration is pumping the brakes on furniture tariffs while slashing duties on Italian pasta imports. The moves come after productive trade negotiations, though budget analysts warn the tariff rollbacks could cost nearly $800 billion in expected debt reduction.

Starting the new year with an unexpected gift to furniture buyers and pasta lovers, the Trump administration announced it's hitting pause on planned tariff increases while dramatically reducing duties on Italian pasta imports.

Furniture Gets a Reprieve

The White House decided to delay higher tariff rates on furniture, kitchen cabinets, and vanities that were supposed to take effect on January 1. Instead of the planned escalation, these products get another year of breathing room.

Here's what was supposed to happen: Back in October, the administration announced a 25% duty on upholstered furniture, kitchen cabinets, and vanities. The plan called for tariffs on cabinets and vanities to jump to 50% in 2026, while duties on upholstered wooden furniture like sofas and chairs were set to hit 30%.

Now, the 25% tariff stays put for these goods until at least January 1, 2027. According to the White House, the delay comes after "productive negotiations with trade partners to address trade reciprocity and national security concerns with respect to imports of wood products."

Pasta Makers Catch a Break

In a separate development on Thursday, the U.S. Commerce Department slashed proposed anti-dumping duties on Italian pasta makers after a preliminary review found exporters had addressed many of the government's concerns. We're talking about massive reductions here. Duties that were initially set as high as 92% got cut to just 2.26% for La Molisana, 13.98% for Garofalo, and 9.09% for the remaining 11 producers.

The department plans to let stakeholders weigh in on the post-preliminary analysis before issuing final results, which are scheduled for March 12, 2026.

The Budget Problem Nobody Wants to Talk About

This latest move continues a pattern of tariff adjustments from the Trump administration. Back in November 2025, the White House rolled back tariffs on coffee, beef, and other agricultural imports as pressure mounted over rising prices. That was followed by eliminating tariffs on certain Brazilian exports in response to soaring grocery costs.

But here's the catch: According to the Congressional Budget Office, these tariff rollbacks are likely to have a significant impact on the U.S. economy, erasing nearly $800 billion in expected debt reduction. That's not exactly pocket change.

What This Means for Furniture Retailers

When Trump first floated these furniture tariffs, the market didn't love it. CNBC commentator Jim Cramer criticized the proposed furniture tariffs as ill-timed and unrealistic, arguing they won't revive U.S. manufacturing and ignore the benefits of globalization. Shares of RH (RH), Williams-Sonoma (WSM), and Wayfair (W) all took hits after Trump's social media post in August signaling the tariffs were coming.

That said, not everyone in the furniture industry was panicking. Gary Friedman, CEO of luxury furnishing retailer RH, previously argued that despite short-term challenges from tariffs, the disruption actually favors his company. He contended that RH's scale and flexibility position it to emerge stronger as weaker competitors struggle. The company announced plans to sharply reduce imports from China while boosting production in the U.S. and Italy, with some vendors absorbing much of the tariff impact.

The delay gives furniture retailers more time to adjust their supply chains and potentially avoid the steepest increases altogether. Whether that's enough to fundamentally reshape American furniture manufacturing, or just kicks the can down the road, remains to be seen.