None
EN
Trump targets lumber, furniture, foreign films with new tariffs
['Craig Nigrelli', 'Emma Stoltzfus', 'Julia Marshall', 'Jason Morrell', 'Morning Managing Editor', 'Video Editor']
Straight Arrow News
President Donald Trump has added more tariffs to the list, this time targeting wood, furniture and movies made outside the U.S.
On Monday, Trump signed a proclamation stating the U.S. will start charging a 10% tariff on foreign softwood lumber and timber, which are used in a wide variety of building materials.
They noted that putting a significant tariff on Canadian lumber imports could further exacerbate the ongoing housing affordability crisis.
Tariff on filmsIn addition to the lumber and furniture tariffs, Trump said he will also impose a 100% tariff on any movie made outside the U.S.
In a post on Truth Social, the president claimed the movie-making business has been stolen from the U.S.