On New Year’s Eve, U.S. President Donald Trump signed a proclamation postponing tariffs on upholstered furniture, cabinets, and vanities for one year, citing ongoing trade negotiations, thereby providing a reprieve for American home consumers and businesses. Donald Trump The executive order signed on Wednesday maintains the 25% tariffs he imposed on these goods last September, but defers the 30% tariff on upholstered furniture and the 50% tariff on cabinets and vanities for another year,until January 1, 2027. (Jin Shi)