New Delhi, Oct. 1 -- Indian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed from 50 per cent to 10-25 per cent after the latest tariff imposed by US President Donald Trump on wood products, said policy think tank GTRI.

"For India, the change is a major relief," Ajay Srivastva of GTRI said in a note, adding that lower tariffs may make India a cost-effective alternative for US buyers in furniture and cabinetry, potentially boosting Indian exports in FY2026.

President Trump, on September 29, 2025, issued a Section 232 Proclamation imposing new tariffs on softwood lumber (HS 4407), upholstered furniture (HS 9401), and kitchen cabinets and vanities (HS 9403)...