President Donald Trump on Monday ordered significant new tariffs on wood and various wooden products, including imported lumber, timber, kitchen cabinets and upholstered furniture – potentially adding costs to homebuilding and furnishing,

As the global economy stumbles into the fourth quarter, China is increasingly feeling the strain of trade tensions and weak demand at home.

Factory activity shrank in most of Asia's major economies in September, private surveys showed on Wednesday, as signs of a slowdown in U.S. growth and the expected impact of President Donald Trump's tariffs added to pressure from weak Chinese demand.

President Donald Trump threatened Monday to impose “substantial Tariffs on any Country that does not make its furniture in the United States,” he wrote in a Truth Social post. “Details to follow!!!” he added.

President Donald Trump agreed to a temporary tariff truce with China to allow for further negotiations, one that expired on Aug. 12, 2025. Upon that deal’s expiration, Trump agreed to one more 90-day hiatus to continue negotiating with China, as reported by AP News.

President Donald Trump’s latest onslaught of sector-based tariffs includes a surprise reprieve for the pharmaceutical industry.

President Trump might not be offended to be called “a bull in a china shop” when it comes to international trade. In fact, it might even bring a smile to his face.