President Donald Trump announced that the US will enact new tariffs on imported kitchen cabinets, bathroom vanities and other home products starting October 1. RH, whose chief executive officer has been a critic of Trump’s trade policy, saw its stock fall about 4% on Friday. The shares of the company, which operates the Restoration Hardware chain, had already declined 46% this year through Thursday. Bloomberg News Global Business Editor Matt Townsend joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
