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Trump Slaps New Tariffs On Wood, Furniture — Building Costs To Soar

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President Donald Trump has rolled out a fresh wave of tariffs targeting imported wood, furniture, and kitchen cabinets, a move expected to further strain the already fragile US housing market.

The new duties, which took effect on Tuesday, are part of Trump’s wider trade policy aimed at strengthening local industries and “protecting national security,” according to the White House.

The latest round introduces a 10 percent levy on softwood lumber imports and a 25 percent duty on specific types of upholstered furniture and kitchen cabinets.

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By January 1, 2026, the tariff on imported furniture is set to climb to 30 percent, while duties on kitchen cabinets and vanities will soar to 50 percent.

However, the US reached separate agreements with Britain, the European Union, and Japan, ensuring their products face lighter tariffs capped at 10 and 15 percent respectively.

The National Association of Home Builders (NAHB) has voiced strong opposition to the new measures, warning that they could worsen the affordability crisis facing American homebuyers.

“The new tariffs will create additional headwinds for an already challenged housing market by further raising construction and renovation costs,” said NAHB chairman Buddy Hughes.

Trump defended the tariffs, stating they were imposed after the Commerce Secretary concluded that “wood products are used in critical functions of the Department of War, including building infrastructure for operational testing.”

He added that the United States remains “import-dependent” because its domestic wood production is “underdeveloped.”

But NAHB’s Hughes argued that invoking national security to justify the tariffs “ignores the importance housing plays to the physical and economic security of all Americans.”

He urged the administration to pursue “deals that roll back tariffs on building materials” instead.

The new policy poses a particular challenge for Canada, the top supplier of lumber to the United States.

With the latest 10 percent tariff adding to existing anti-dumping and countervailing duties which Washington recently doubled to 35 percent Canadian lumber will now face total tariffs of 45 percent.

The BC Lumber Trade Council, representing British Columbia’s lumber producers, called the move “misguided and unnecessary,” saying it would “impose needless strain on the North American market, threaten jobs on both sides of the border, and make it harder to address the housing supply crisis in the United States.”

Economists warn that the increased costs will trickle down to consumers. Stephen Brown of Capital Economics estimated that a 10 percent tariff on lumber could raise the cost of constructing an average home by about $2,200.

He also noted that Vietnam, China, and Mexico could feel the ripple effects, as they collectively account for a large share of US furniture imports.

“The US gets 27 percent of its furniture imports from China and then almost 20 percent from both Vietnam and Mexico,” Brown said, adding that Vietnam could be the most affected since “furniture makes up 10 percent of its exports to the US.”

The tariffs were enacted under Section 232 of the Trade Expansion Act of 1962 — the same law Trump previously used to impose duties on steel, aluminum, and cars earlier this year.

 

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Deadly Fire Engulfs Kenyan Girls’ School Dorm, 16 Confirmed Dead

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A devastating fire has swept through a girls’ boarding school in central Kenya, leaving at least 16 students dead and dozens more injured in one of the country’s worst school tragedies in recent years.

The incident occurred in the early hours of Thursday at Utumishi Girls Academy, located in Nakuru County, roughly 120 kilometres north of Nairobi. Authorities said the fire broke out around 1:00 a.m. while about 220 students were asleep inside the dormitory.

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Emergency responders, including the Kenyan Red Cross and local security agencies, rushed to the scene and evacuated survivors.

At least 73 students have been hospitalised with varying degrees of burns and smoke inhalation, while rescue operations and search efforts continued into the morning.

Police sources said the cause of the fire remains unknown, and investigations have been launched to determine what triggered the deadly blaze.

The affected dormitory has since been cordoned off as forensic teams examine the scene.

Parents gathered anxiously outside the school as authorities worked to account for all students. Officials have urged calm, assuring that full details will be released once investigations are completed.

The tragedy adds to a troubling history of school dormitory fires in Kenya, where boarding schools remain common.

In previous years, similar incidents have raised serious concerns about safety standards and emergency preparedness in educational institutions.

Government officials are expected to revisit school safety regulations following the latest disaster.

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New US Strike on Iran Sends Oil Prices Soaring as Middle East Tensions Escalate

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Global oil prices climbed sharply on Thursday following reports of a new United States military strike on Iran, raising fresh concerns over stability in the Middle East and possible disruptions to global energy supplies.

Brent crude rose significantly in early trading, while West Texas Intermediate also recorded gains as investors reacted to renewed hostilities and uncertainty around the fragile ceasefire in the region.

ALSO READ: Renewed US-Iran Tensions Drag Oil Price Northwards

According to reports, the latest US action included targeted strikes on Iranian positions following a series of drone and maritime incidents in and around the Strait of Hormuz.

The US military described its operations as “measured and defensive,” aimed at preventing further escalation and protecting strategic interests in the region.

The developments triggered immediate reactions across global financial markets, with Asian stocks mostly declining amid fears that prolonged conflict could disrupt oil shipments through the Strait of Hormuz — a critical route for nearly a fifth of global crude supply.

Market analysts warn that sustained instability could push energy prices even higher, fueling inflationary pressures worldwide and potentially forcing central banks to maintain tighter monetary policies.

In Asia, major indices recorded losses, while tech-driven gains in select markets were overshadowed by broader investor caution. Safe-haven assets strengthened slightly as traders moved away from riskier positions.

Economists say the situation remains highly volatile, with conflicting signals from Washington and Tehran adding to uncertainty.

Any further escalation, they caution, could send oil prices even higher and deepen global economic pressure.

For now, investors are closely watching diplomatic developments and military activity in the region, as the world braces for possible further shocks to energy markets.

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U.S. Issues Highest-Level Travel Warning for Uganda Over Deadly Ebola Outbreak

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The United States has issued its strongest travel advisory against Uganda, warning citizens to completely avoid travel to the country due to an ongoing outbreak of Ebola virus disease.

In the updated alert, the United States Department of State upgraded Uganda’s travel status to Level 4, the highest risk classification, which is widely understood as a “Do Not Travel” warning.

The decision was based on serious health threats and the rapid spread of the virus in affected areas.

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Authorities also warned of the risk of cross-border transmission, noting that continued movement across neighbouring countries could worsen the situation despite ongoing containment efforts.

Previously, the Centers for Disease Control and Prevention had placed Uganda under a lower-level health advisory, advising travellers to take standard precautions.

However, a surge in infections and deteriorating conditions led to the tightening of restrictions.

Meanwhile, Ugandan authorities have stepped up emergency response measures, including stricter border surveillance, movement restrictions in affected zones, and reductions in public transportation and market activities in high-risk areas.

Health agencies remain on high alert as the outbreak continues to raise concern over possible regional spread across East Africa.

 

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