Donald Trump announces timber and furniture tariffs in national security probe
Latest levies to rise to as high as 50% for countries that do not strike trade deals with US
Latest levies to rise to as high as 50% for countries that do not strike trade deals with US

Access to the US market is not the significant point of leverage the president believes it to be

US president’s latest ‘reciprocal’ levies hit many countries that had struck deals with Washington

Trading partners from Taiwan to Canada hit with steep new levies

Frequent changes to levies make it difficult to predict how trade of the metals would be affected

Flat-pack group moves to increase domestic sourcing as it faces tariffs of up to 50% on wood products

US administration has other ways to hit trading partners with duties