ExecutiveOrdersEO
Proc 11000ProclamationTrump 47 · R

Proclamation 11000

Amendments to Adjusting Imports of Timber, Lumber, and Their Derivative Products Into the United States

This proclamation amends Proclamation 10976 to delay planned tariff increases on upholstered wooden furniture, kitchen cabinets, and vanities by one year, from January 1, 2026 to January 1, 2027, while maintaining existing 10% and 25% tariffs on wood products. The delay is intended to allow more time for ongoing trade negotiations with multiple countries to address national security concerns about wood product imports under Section 232.

Federal Register Open PDF 91 FR 1039

Impact dates

  1. Tariff increases to 30% (upholstered furniture) and 50% (kitchen cabinets/vanities) take effect unless agreements reached

  2. Trade Representative update on negotiations due shortly before this date

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Steel & aluminumAutosOther industrial

Mechanisms

Tariff

Role pressure

  • MixedImporter — Existing 10%/25% tariffs remain, but planned escalation delayed one year; importers gain temporary cost relief but face 2027 cliff unless negotiations succeed
  • MixedDomestic producer — Continued protection at current levels but denied immediate 30%/50% tariffs; uncertainty about whether delay helps or hurts long-term competitive position
  • MixedDownstream manufacturer — Home builders, furniture makers, renovators get one-year reprieve from input cost spikes but face potential 2027 price cliff
  • MixedTrading-partner exporter — Negotiations window extended with incentive to reach agreement before 2027; current tariffs still apply

Geographies

USCAMXOTHER

Exposure dates

  • — Tariff increases to 30% (upholstered furniture) and 50% (kitchen cabinets/vanities) take effect unless agreements reached

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MAAAlcoaAAPLAppleCATCaterpillarCENXCentury AluminumCLFCleveland-CliffsFFordFCXFreeport-McMoRanGEVGE VernovaGMGeneral MotorsHONHoneywellHYMTFHyundai MotorNUENucorSPYSPDR S&P 500 ETFSTLAStellantisTSLATeslaTMToyotaXUnited States SteelVALEVale

Confidence: high · Policy alerts

Key directives

  • Delay tariff rate increases from January 1, 2026 to January 1, 2027 for upholstered furniture (to 30%) and kitchen cabinets/vanities (to 50%)
  • Trade Representative shall continue negotiations with foreign countries on wood product import agreements
  • Trade Representative shall provide periodic updates on negotiation status
  • Trade Representative shall provide specific update shortly before 180 days after Proclamation 10976 (March 28, 2026)
  • Amend Proclamation 10976 clause 5 to reflect revised effective dates

Who is ordered

Timeline

Immediate

  • Delay of planned January 1, 2026 tariff increases takes effect upon signing

Near term (90d)

  • Trade Representative must provide update shortly before March 28, 2026 (180 days after September 29, 2025 date of Proclamation 10976)

Long term

  • January 1, 2027: Tariff rates on upholstered furniture increase to 30% and kitchen cabinets/vanities to 50%, unless trade agreements reached
  • Ongoing trade negotiations continue indefinitely

Risks & tensions

  • Negotiations may fail to produce agreements before January 2027 deadline, triggering sharp tariff escalations
  • One-year delay may signal weakness or may be tactical; text frames it as enabling 'more productive negotiations'
  • Domestic producers wanted faster/higher tariffs; delay creates uncertainty for investment planning
  • 'Shortly before' 180-day mark is vague for update timing
  • Supersession clause (sec. 3) is standard but could create legal ambiguity with prior proclamations
Proclamation 11000: Amendments to Adjusting Imports of Timber, Lumber, and Their Derivative Products Into the United States · Executive Orders