economy
January 2, 2026
RH, Wayfair shares rise after Trump delays furniture tariffs again
Shares of furniture retailers rose in early Friday trading after President Donald Trump delayed an increase in tariffs.
TL;DR
- President Trump delayed higher tariffs on upholstered furniture, kitchen cabinets, and vanities.
- Tariffs on upholstered furniture will remain at 25%, instead of increasing by 30% in 2026.
- Luxury retailer RH, Williams-Sonoma, and Wayfair saw their stock prices increase following the announcement.
- Trump cited ongoing trade discussions as the reason for the delay.
- Furniture suppliers have faced scrutiny over rising costs due to Trump's focus on import tariffs.
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