RH Says Additional China Tariffs Won't Impact Financial Results
RH "expects no impact to Fiscal 2019 or Fiscal 2020 financial results from the tariffs imposed on current and new product categories imported from China effective September 1st, 2019, October 1st, 2019 and December 15th, 2019," the luxury furniture company…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
said in an Aug. 29 news release. "The Company expects the impact from the increased tariffs will be offset by vendor price reductions and minor price increases," it said.