January 1: The White House announced the planned tariff rate increases on upholstered furniture, household cabinets and vanities are delayed for one year and will remain at 25%, citing productive negotiations with trade partners. In September, President Trump announced imported household cabinets and vanities were to rise from 25% to 50% and upholstered furniture to 30%, effective January 1.  

Strong demand and supply constraints push copper and aluminum prices higher, while steel and PVC markets face new dynamics.

U.S. container imports fall as copper and aluminum prices surge. Tariffs on medium- and heavy-duty trucks may raise costs, and the Fed cuts rates for the third time.