Ah, the stock market. A fickle beast, swayed by everything from geopolitical tremors to a rogue tweet. But in the grand theater of financial volatility, one performer consistently delivers a unique brand of drama: Donald J. Trump. With a recent flurry of pronouncements, from cinematic tariffs to pharmaceutical pacts, the former (and potentially future) President has once again reminded us that when it comes to market reactions, predictability is, well, entirely unpredictable. It’s a high-stakes game of poli ...

President Trump on Monday unveiled new 10% tariffs on wood imports, while also delaying 25% duties on kitchen cabinets, bathroom vanities and upholstered furniture by two weeks to Oct. 14.In a White House proclamation, Trump shared details on incoming tariff blasts that he initially announced in social media posts last week, though he didn’t expand on proposed rates on pharmaceutical drugs and heavy trucks.He warned that tariffs on upholstered furniture will jump to 30% and rates on kitchen cabinets and bat ...

Key Points RH has rearranged its supply chain to adapt to existing tariffs. An additional 50% duty on imports of kitchen and bathroom furnishings, as well as 30% tariffs on upholstered furniture tariff will complicate its business further. CEO Gary Friedman thinks it will be harder for his competitors to deal with. 10 stocks we like better than RH › RH (NYSE: RH), the company formerly known as Restoration Hardware, is no stranger to the trade war, but things might be set to go from bad to worse. ...

Just when the financial markets thought they had settled into a predictable rhythm of inflation worries and Federal Reserve tea leaves, President Donald J. Trump decided it was time for another impromptu policy concert. His recent barrage of tariff announcements and the perennial government shutdown theatrics have once again sent Wall Street scrambling to interpret the latest pronouncements from the Oval Office, proving that under this administration, the only constant is, well, *constant change*.The Tariff ...

The tariff war isn't over just yet. October 1st, a slew of new tariffs will take effect, including a 100% tariff on some imported drugs, 50% on kitchen cabinets, 30% on upholstered furniture, and 25% on big trucks. On top of that, the Wall Street Journal reporting that President Trump plans to mandate a onetoone policy for chip makers to manufacture as many chips in the US as they do overseas or face hefty tariffs.Here to break it all down, Sam Stovall, CFR research chief investment strategist and Yahoo Fin ...

President Donald Trump is taking further aim at America’s reliance on foreign partners, which his senior counselor on trade claims is designed to shift supply chains domestically and end China’s grip on the U.S. "I had a situation where a Chinese company gets approval for an antibiotic at the FDA, gives a bunch of money to an Indian company, and then the Indian company fronts to get a contract at the VA that pushes out an American maker. So those are the kinds of things we're having to deal with, and that's ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. President Donald Trump announced a barrage of new tariffs on Thursday, aimed at pharmaceuticals, heavy trucks and home furnishings in particular, to shore up domestic industry in these sectors, and protect American manufacturers from “unfair outside competition.” Large Scale ‘Flooding’ of Products Into The U.S. The administration announced a 100% tariff on all imported branded or patented pharmaceuticals, ...

LOGIN SUBSCRIBE | FastCo Works IBM Texas A&M University advertisement BYÂ Michael Grothaus Listen to this ArticleMore info 0:00 / 0:00 Don't look now, but President Trump just issued more sweeping tariffs. This latest round stands to affect two groups particularly hard: homeowners and furniture and home furnishing companies. That's because the new round of Trump's tariffs will see up to 50% fees applied to kitchen cabinets and upholstered furniture imported into the United States. Here's what you need to kn ...

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. He also said the U.S. will impose a 30% duty on upholstere ...

Shares of Wayfair Inc (NYSE:W) and RH (NYSE:RH) are reacting to President Donald Trump's tariff updates and inflation data that was in line with estimates. Specifically, the Trump administration announced a 50% levy on kitchen cabinets and bathroom vanities made abroad, as well as a 30% tariff on upholstered furniture. W is up 0.9% to trade at $85.71 at last check, reversing premarket losses after snapping a three-day losing streak yesterday. The security sports a 92.3% year-to-date lead, and has been testi ...