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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: ajtj999/26/2025 3:59:40 PM
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The Oct. 1 tariffs will likely not go away until Jan. 2029:

Donald Trump's 2025 tariffs on furniture, kitchen cabinets, and bathroom vanities were announced under Section 232 of the Trade Expansion Act of 1962
. This law allows the president to impose tariffs on imports deemed a threat to national security.

Key details about the new tariffs:
  • Targeted items: Upholstered furniture, kitchen cabinets, and bathroom vanities.
  • Basis for the tariffs: The tariffs were justified on "national security" grounds, despite questions from critics about how imported furniture poses such a threat.
  • Effective date: The tariffs are set to take effect on October 1, 2025.
  • Investigation: The announcement followed a Section 232 investigation into imported furniture.
This use of Section 232 is an expansion of the statute, which the Trump administration had previously used to impose tariffs on steel, aluminum, and copper. The administration is also facing a legal challenge over its use of a separate statute, the International Emergency Economic Powers Act (IEEPA), for other tariffs.
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