Reporter’s Notebook: Trump’s new tariffs

October 15, 2025
3,599 Views

Imported furniture, kitchen cabinets and lumber will now be subject to new tariffs. The duties, which range from 10% to an ultimate level of 50% on some goods, are part of President Trump’s effort to boost domestic manufacturing. But economists warn they will raise housing and furniture costs as well as the costs of renovations, slowing construction work. “CBS Evening News” co-anchor John Dickerson explains.

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