RH margin gains lean on tariff refunds as growth plans face a test
RH posted modest sales growth, but tariff refunds lifted margins as higher costs and expansion bets test whether luxury-home demand can hold.
Tariffs
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Trump plans to remove 10% tariff on Irish whiskey, but action is pending
President Donald Trump said Sept. 13 he plans to remove the 10% tariff on Irish whiskey, but no formal customs action had changed the rate by Sept. 14.
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U.S.-Canada tariff changes begin Sept. 15; import exclusions set for Sept. 29
U.S.-Canada tariff-list changes begin September 15, while targeted import exclusions are scheduled for September 29. Importers should review HTSUS codes.
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House panel weighs Russia sanctions bill as tariff fight looms
The House Rules Committee will consider Senate amendments to a Russia sanctions bill Monday, with proposed tariff powers complicating its path.
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New Canada tariffs face an untested legal challenge under 1930 law
Trump’s Canada tariffs rely on a 1930 law never tested in court, while Ottawa prepares matching duties on $27.6 billion of U.S. goods.
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Canada schedules tariffs on $27.6 billion in U.S. goods
Canada’s matching tariffs on $27.6 billion in U.S. goods are set for Sept. 8, creating new customs, pricing and supply-chain risks for exporters.
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A 96-year-old U.S. tariff law is driving a new dispute with Canada
The Trump administration is using an untested 1930 tariff law against selected Canadian goods as Canada prepares matching duties on U.S. imports.
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25 states challenge Trump’s Section 301 tariffs in federal court
A 25-state lawsuit challenges tariffs on imports from 60 economies. The duties remain in effect as the trade court weighs executive authority and refunds.
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Tariff refunds are moving, but Phase 3 is delayed
CBP says tariff-refund processing is advancing, but Phase 3 remains delayed while the agency builds safeguards for finally liquidated entries.
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U.S. Tariffs on Canadian Imports Take Effect Under Section 338
New U.S. duties of up to 50% now cover more than 550 Canadian products, while Canada has scheduled dollar-for-dollar counter-tariffs for September 8.
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Canada pledges C$7.5 billion in tariff support as talks stall
Canada paired a C$7.5 billion support package with counter-tariffs scheduled for September 8 as exporters face disrupted supply chains and uncertain demand.
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50% Canada Tariff Puts Pressure on Youth Hockey Costs
A new 50% U.S. duty on specified Canadian goods includes some hockey equipment, adding uncertainty for families and youth programs this fall.
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Canada’s New Tariffs on U.S. Goods Begin Sept. 8
Canada will impose counter-tariffs on about $27.6 billion in U.S. imports Sept. 8. Exporters should check classifications, origin rules and customs guidance.
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Trump’s threatened 50% Canada auto tariff puts U.S. supply chains in focus
A threatened 50% tariff on Canadian vehicles, parts and steel could raise costs and disrupt U.S. auto supply chains, but no January order is final.
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Trump Orders U.S. Agencies to Use ‘Lake America’ for Lake Ontario
A Trump executive order directs federal agencies to adopt “Lake America” within 30 days, but Canada, New York and international users can keep Lake Ontario.
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China warns of response if U.S. adds tariff over overcapacity
China says it will assess possible U.S. trade measures and may respond as Washington weighs a reported 7.5% tariff on Chinese goods.
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CBO: Tariff changes add $900 billion to projected deficits
CBO says tariff-policy changes through July 31 will raise projected federal deficits by $900 billion over fiscal years 2027-2036, as customs revenue falls.
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EU extends tariff truce with U.S. while keeping retaliation option
The EU is keeping countermeasures against U.S. trade suspended indefinitely, even as new tariff cuts offer companies more certainty and preserve a response option.
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A 50% U.S. tariff on selected Canadian dairy imports is scheduled for August 19
A new 50% U.S. duty on selected Canadian dairy ingredients is scheduled for August 19. Importers are watching classifications, costs and trade talks.
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What the new U.S. tariffs on 60 economies mean for importers
Section 301 duties took effect July 24 on products from 60 economies, making classification, origin, entry timing and exclusions central to supply-chain planning.
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Federal Circuit appeal could decide access to IEEPA tariff refunds
A Federal Circuit appeal tests whether non-suing importers can receive refunds for invalidated IEEPA duties or must pursue individual court claims.
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Brazil opens reciprocity process after new U.S. tariffs
Brazil has opened a formal reciprocity process after new U.S. tariffs, but no counter-tariffs are in force as consultations with Washington begin.