RH stock traded lower as the retailer adjusted its manufacturing and spending plans. President Trump announced new import levies, including tariffs on drugs, trucks, cabinets, and furniture. RH expects to increase U.S. production. The company anticipates tariff costs and revenue shifts, projecting adjusted capital expenditures. The tariff announcements come despite pushback from U.S. businesses. Ikea expressed concerns about operating conditions. Peers like Williams-Sonoma and Wayfair also experienced trading fluctuations. A higher U.S. production mix may help RH against import volatility. RH shares were trading lower at $202.11.

Read more at Yahoo Finance: Is RH Ready For The Tariff Storm?