Amendments to Adjusting Imports of Timber, Lumber, and Their Derivative Products Into the United States
ProclamationTariff cut or exemptionSigned 25/12/31Federal Register 01/09Open the original
Summary
President Trump amends the existing wood-products proclamation. He delays the increase in duty rates for upholstered furniture, kitchen cabinets, and vanities by one additional year, moving the increase to January 1, 2027. The USTR will continue negotiations with multiple countries.
By industry
- Tariffs & Reshoring1 trading day−0.6%p15 stocks5 trading days+2.9%p15 stocks20 trading days+8.1%p15 stocks
“delay for an additional year the increase in the duty rates for upholstered furniture, kitchen cabinets, and vanities”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/12/30 | 0.0% | 0.0% |
| 25/12/31 | −1.3% | −0.7% |
| 26/01/02 | +2.4% | −0.5% |
| 26/01/05 | +3.9% | +0.1% |
| 26/01/06 | +5.1% | +0.7% |
| 26/01/07 | +3.3% | +0.4% |
| 26/01/08 | +4.2% | +0.5% |
| 26/01/09 | +6.0% | +1.0% |
| 26/01/12 | +7.2% | +1.1% |
| 26/01/13 | +7.7% | +0.9% |
| 26/01/14 | +9.1% | +0.4% |
| 26/01/15 | +10.7% | +0.7% |
| 26/01/16 | +9.6% | +0.7% |
| 26/01/20 | +9.4% | −1.3% |
| 26/01/21 | +11.8% | −0.1% |
| 26/01/22 | +11.8% | +0.2% |
| 26/01/23 | +11.6% | +0.1% |
| 26/01/26 | +8.4% | +0.8% |
| 26/01/27 | +9.2% | +1.3% |
| 26/01/28 | +7.9% | +1.1% |
| 26/01/29 | +9.1% | +1.0% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Scott J. Kelly
BuyWorthington Steel
BuyWorthington Steel
WS
$273.8K
7,000 sh
$273.8K
Filed 01/29
Traded 01/27
- Dennis V. Arriola
BuyCommercial Metals
BuyCommercial Metals
CMC
$149.4K
2,000 sh
$149.4K
Filed 01/22
Traded 01/20
- Jon J. Bowsher
BuyWorthington Steel
BuyWorthington Steel
WS
$100.4K
2,500 sh
$100.4K
Filed 02/03
Traded 01/30
- Leon J. Topalian
SellNucor
SellNucor
NUE
$790K
5,000 sh
$790K
Filed 25/12/23
Traded 25/12/19
- Jesse E. Gary
Sell10b5-1 planCentury Aluminum
Sell10b5-1 planCentury Aluminum
CENX
$7.2M
150,000 sh
$7.2M
Filed 01/23
Traded 01/23
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$5.2M
47,355 sh
$5.2M
Filed 25/12/19
Traded 25/12/18
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$3.6M
11,894 sh
$3.6M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2.9M
9,473 sh
$2.9M
Filed 25/12/11
Traded 25/12/10
- Jennifer J. Durbin
SellCommercial Metals
SellCommercial Metals
CMC
$2M
25,050 sh
$2M
Filed 02/04
Traded 02/03
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.9M
6,108 sh
$1.9M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,681 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,545 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
- Allen C. Behr
SellNucor
SellNucor
NUE
$1.4M
7,568 sh
$1.4M
Filed 02/04
Traded 02/03
- Allen C. Behr
SellNucor
SellNucor
NUE
$1.4M
7,500 sh
$1.4M
Filed 02/04
Traded 02/02
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$991.5K
3,287 sh
$991.5K
Filed 25/12/11
Traded 25/12/10
- Allen C. Behr
SellNucor
SellNucor
NUE
$939.4K
5,950 sh
$939.4K
Filed 25/12/23
Traded 25/12/19
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$708.4K
6,507 sh
$708.4K
Filed 25/12/19
Traded 25/12/18
- Daniel R. Needham
SellNucor
SellNucor
NUE
$690.8K
3,881 sh
$690.8K
Filed 02/03
Traded 01/30
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$679.5K
6,158 sh
$679.5K
Filed 25/12/19
Traded 25/12/18
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$647.5K
2,130 sh
$647.5K
Filed 25/12/11
Traded 25/12/11
