U.S. President Donald Trump has delayed higher tariffs on certain upholstered furniture, kitchen cabinets, and vanities for one year. The proclamation, signed on New Year's Eve, keeps existing 25% tariffs in place but postpones planned increases to 30% for furniture and 50% for cabinets and vanities. Trump cited ongoing trade talks as the reason for the delay, aiming to support American industry. This decision adds to a volatile year of U.S. trade policy with previous tariff announcements being delayed or reversed.