Furniture retailer shares rise after Trump points one-year pause on larger tariffs

Shares in home furnishing retailers jumped Friday after President Trump announced a one-year pause on larger tariffs on upholstered furnishings, kitchen cupboards and vanities. 

Luxury furnishings retailer RH rose 9.5% and online retailer Wayfair jumped 6.3%. 

Stock for Williams-Sonoma, which sells kitchenware and home decor, elevated 5.3%.

President Trump unveiling his tariffs based on the International Emergency Economic Powers Act during a press convention in April. The Washington Post by way of Getty Images

Other American furnishings retailers like Ethan Allen and La-Z-Boy rose 1% and 0.4%, respectively.

In a fact sheet shared late Wednesday, the White House said it was retaining tariffs on furnishings, kitchen cupboards and vanities at the authentic 25% price that Trump set in September.

Rates had been set to rise Thursday, New Year’s Day, to 30% on upholstered furnishings and to 50% on kitchen cupboards and vanities.

Economists feared the tariff hikes may result in substantial price will increase for purchasers, since furnishings is a notably tariff-sensitive class – and a large-ticket buy for many American households.

In November, costs on furnishings and bedding had been up 3% over the yr, according to the Consumer Price Index.

“The United States continues to engage in productive negotiations with trade partners to address trade reciprocity and national security concerns with respect to imports of wood products,” the White House fact sheet acknowledged.

The White House said it was retaining tariffs on furnishings, kitchen cupboards and vanities at the authentic 25% price that Trump set in September. Paul Martinka

The Trump administration said it was delaying the larger tariffs until Jan. 1, 2027, attributable to ongoing commerce talks, not because it was retreating from its tariff agenda.

It has been awaiting a Supreme Court resolution on a huge batch of tariffs applied under the International Emergency Economic Powers Act.

If the Supreme Court finds that Trump overstepped his authority and decides overturns the IEEPA tariffs, the US authorities could possibly be pressured to refund as a lot as $168 billion to companies, according to a recent analysis cited by CBS News.

“Tariffs are an overwhelming benefit to our Nation, as they have been incredible for our National Security and Prosperity (like nobody has ever seen before!),” Trump wrote in a Truth Social post Friday.

“Losing our ability to Tariff other countries who treat us unfairly would be a terrible blow to the United States of America.”

Trump is reportedly making ready to unleash a fresh wave of tariffs under different commerce legal guidelines if the Supreme Court strikes down the levies.

Shares in Williams-Sonoma, which sells kitchenware and home decor, rose 5.3%. SRP – stock.adobe.com

The White House has continued to defend its use of tariffs as a national safety measure to guard US industries – even as affordability considerations are a top concern for voters ahead of the 2026 midterm elections.

The furnishings industry noticed combined outcomes last yr. Shares in Wayfair surged more than 125% in 2025 as customers prioritized worth and offers.

RH ended the yr down more than 50% – with its chief govt going viral for reacting live to the stock tanking.

“Oh s–t,” RH CEO Gary Friedman blurted out during the company’s earnings call in April as the stock plummeted. 

“It got hit when, I think, the tariffs came out,” he said. “Everybody can see in our 10-K where we’re sourcing from, so it’s not a secret, and we’re not trying to disguise it by putting everything in an Asia bucket.”

Williams-Sonoma, which owns West Elm and Pottery Barn, dipped more than 3% last yr.

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