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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Is RH Ready For The Tariff Storm?

RH United States
Konskie,,Poland,-,March,08,,2025:,Restoration,Hardware,Company,Logo

RH (NYSE: RH) stock traded lower Friday as the home furnishings retailer faced fresh tariff headlines and updated its manufacturing and spending plans for the coming years.

U.S. President Donald Trump unveiled new import levies, including a 100% duty on branded or patented drug imports beginning Oct. 1 unless companies build in the United States, plus a 25% tariff on heavy-duty trucks and a 50% tariff on kitchen and bathroom cabinets, reports BBC.

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