Furniture retailers experienced an uptick in share prices on Friday following President Donald Trump’s decision to postpone the implementation of increased tariffs affecting the sector. Luxury retailer RH experienced an increase of approximately 8%. Fellow high-end producer Williams-Sonoma experienced an increase exceeding 5%, while the e-commerce platform Wayfair saw an advancement of over 6%.
On Wednesday, Trump announced a yearlong suspension of heightened tariffs on upholstered furniture, as well as kitchen cabinets and vanities. The tariffs on upholstered furniture will continue to be maintained at 25%, a rate established by Trump in September. Prior to Trump’s last-minute change, the tariffs on this category of furniture were set to increase by 30% at the beginning of 2026. He cited ongoing trade discussions as the rationale for postponing tariff increases.
Trump characterized tariffs as a “overwhelming benefit” to the U.S. and stated in a Friday morning social media post that the nation losing its capacity to impose duties on others would represent a “terrible blow.” His remarks arise as the White House anticipates a ruling from the Supreme Court regarding the legality of numerous new levies introduced by Trump. Furniture suppliers have faced increased scrutiny as the administration’s emphasis on extensive and significant tariffs on imports has heightened worries regarding escalating costs. However, equities within the sector exhibited markedly divergent performances as market participants assessed the implications of trade policy alterations and various other factors on individual enterprises.
Wayfair experienced a remarkable increase of over 125% in 2025, reflecting the growing preference of consumers for value-oriented retailers. Conversely, West Elm and Pottery Barn’s parent company, Williams-Sonoma, experienced a decline of over 3% last year. RH, whose chief executive attracted significant attention in April due to his live reaction to the stock’s decline, concluded the year with a decrease exceeding 50%.Oh, sh–,” stated Gary Friedman during the earnings call in April, reflecting on the company’s performance.”It was impacted when, I believe, the tariffs were announced,” Friedman remarked. “Our 10-K clearly outlines our sourcing locations, making it transparent and straightforward; there is no intention to obscure this information by categorizing it all under an Asia label.”