NEW YORK (AP) — New tariffs on imported kitchen cabinets, bathroom vanities, and upholstered furniture in the U.S. are expected to impact the home improvement industry. The tariffs took effect early Tuesday. The White House says the aim is to boost domestic production and to protect American companies. However, some small business owners worry about short-term challenges. They fear clients may hesitate to pay more for budget-priced cabinets, and potential customers might delay renovations. Despite high mortgage rates affecting home sales and rising production costs, a Harvard University forecast expects remodeling activity to remain slow but steady through the middle of next year.
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