Trump sets 10% tariff on lumber imports, higher rates on wooden products

WASHINGTON, Sept 29 (Reuters) - U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said.

The tariffs will take effect on October 14, according to the text of Trump's proclamation released by the White House.

On January 1, the tariff rates would increase to 30% for upholstered wooden products and to 50% for kitchen cabinets and vanities imported from countries that fail to reach an agreement with the United States, the proclamation showed.