Massive New Tariffs: How Trump’s Latest Duties Hit Drugs, Trucks, and Furniture
President Trump is hitting imports with massive new tariffs starting October 1st, targeting branded drugs (100%), heavy trucks (25%), and furniture.
/ 3 items
#RH↓
Navigating Stormy Skies: RH's Strategy Against Tariffs & Inflation
RH is tackling high tariffs and inflation by shifting production from China and India to the US, especially for furniture. They've delayed new launches due to uncertainty and lowered revenue forecasts.
Trump's New Furniture Tariffs: Winners, Losers, and Economic Tremors
Trump launched a "major" furniture tariff probe to boost U.S. manufacturing. Shares of import-heavy retailers (Wayfair, RH, Williams-Sonoma) fell, while U.S. makers (Ethan Allen, La-Z-Boy) rose. Industry opposes, citing no national security link and harm to U.S. jobs. Consumer prices are already up.