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US President Donald Trump said on Monday that he was imposing 10% tariffs on imported timber and lumber and a 25% rate on kitchen cabinets, bathroom vanities, and certain upholstered furniture, including sofas and armchairs.
In his announcement on Monday, Trump said that an investigation came to the conclusion that "wood products are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States".
According to the statement, the
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