Furniture retailer stocks rise after Trump issues one-year pause on higher tariffs

Shares in home furnishing retailers jumped Friday after President Trump announced a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets and vanities. Luxury furniture retailer RH rose 9.5% and online retailer Wayfair jumped 6.3%. Stock for Williams-Sonoma, which sells kitchenware and home decor, increased 5.3%. 3 President Trump unveiling his tariffs based on the International Emergency Economic Powers Act during a press conference in April. The Washington Post via Getty ImagesOthe ...