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The President invokes Section 232 for national security tariffs. From NYT:
United States would begin imposing a 50 percent tariff on imported kitchen cabinets, bathroom vanities and associated products, along with a 30 percent tariff on imported upholstered furniture…
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The tariffs will be issued under a provision of a national security law, known as Section 232
Another 30% tariff on furniture, where prices have already leapt (relative to import prices) since April 2024.
Figure 1: Furniture and household furnishings component of CPI (blue), of PPI (green), import price index for furniture and household furnishings (tan), all in logs 2025M04=0. PPI seasonally adjusted using geometric moving average. Source: BLS via FRED.
Consumer prices are already 1.5% percentage points more than import prices.
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