President Trump has delayed the implementation of increased tariffs on soft home furnishings, cabinets, and bathroom vanities until January 1, 2027. The decision, announced on New Year's Eve, retains the current 25% tariffs but postpones the planned hikes to 30% for soft furnishings and 50% for cabinets and vanities. This move provides temporary relief to U.S. consumers and businesses amid ongoing trade negotiations.