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0 pointsAurornis4mo ago0 comments

> After all, it's not like a lacking supply of housing is a new issue they suddenly appeared out of nowhere within the last dozen months.

The main lumber and building materials tariffs went into effect January 1st 2026.

If you thought the current situation was bad, it's only going to get worse.

This announcement is a distraction to get people blaming Wall Street. It's a "look over there!" announcement literally days after they raised tariffs to make a bad situation worse.

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newtonsmethod4mo ago

I think you're getting your facts wrong: https://edition.cnn.com/2026/01/01/business/trump-furniture-...

"President Donald Trump has delayed new tariff increases on upholstered furniture, kitchen cabinets, and vanities for a year, pushing their implementation to 2027, according to a White House statement."

AurornisOP4mo ago

You're right, I probably got some of the increases delayed.

But those are increases on top of the already high tariffs.

newtonsmethod4mo ago

I agree with you, they'll probably worsen the effect, and I assume this is maybe 5% in the long run from all these tariffs (if they're not cancelled).

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newtonsmethod4mo ago

I think you're getting your facts wrong: https://edition.cnn.com/2026/01/01/business/trump-furniture-...

AurornisOP4mo ago

You're right, I probably got some of the increases delayed.

But those are increases on top of the already high tariffs.

newtonsmethod4mo ago

I agree with you, they'll probably worsen the effect, and I assume this is maybe 5% in the long run from all these tariffs (if they're not cancelled).

j / k navigate · click thread line to collapse