RH’s Stock Plummets 40% and is ‘Fully at The Mercy’ of Tariffs
- Miguel Virgen, PhD Student in Business
- Apr 3, 2025
- 3 min read
April (Doctors In Business Journal) - On April 3, 2025, luxury furniture retailer RH experienced a dramatic 40% drop in its stock price, marking the steepest decline in the company's history. This significant downturn was triggered by the announcement of new tariffs by President Donald Trump, which imposed a 10% levy on all imports, with higher rates on goods from countries like China and Vietnam—key sourcing regions for RH.
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