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Benzinga
Benzinga
Business
Henry Khederian

RH Stock Tumbles As Trump Announces National Security Probe Into Furniture Imports

RH Donald Trump National Security Luxury
Konskie,,Poland,-,March,08,,2025:,Restoration,Hardware,Company,Logo

Shares of luxury furniture retailer RH (NYSE:RH) are plummeting Monday morning following President Donald Trump’s announcement of a national security probe into furniture imports.

What To Know: The investigation, to be concluded within 50 days, is expected to result in tariffs on furniture coming into the United States, a move Trump says is aimed at bringing manufacturing jobs back to states like North Carolina and Michigan.

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