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RH CEO reacts in real time as stock plummets more than 40%

During an earnings call, the CEO of RH, formally known as Restoration Hardware, reacted in real time as the company’s stock dropped more than 40%. RH has supply chains across the world and expects costs to rise under President Donald Trump’s newly announced tariffs.

01:03 - Source: CNN
Tariffs and trade 10 videos
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RH CEO reacts in real time as stock plummets more than 40%
01:03
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The math Trump's admin. used to calculate tariff rates stuns economists
02:25
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Brown challenges Lutnick: Will Trump back down on tariffs?
02:24
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ZEBULON, GEORGIA - OCTOBER 23: Republican presidential nominee, former U.S. President Donald Trump looks on during a roundtable with faith leaders at Christ Chapel on October 23, 2024 in Zebulon, Georgia. Trump is campaigning across Georgia today as he and Democratic presidential nominee, U.S. Vice President Kamala Harris attempt to win over swing state voters. (Photo by Anna Moneymaker/Getty Images)
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Here's how Trump's tariffs are being received by major US trade partners
02:17
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Hear Trump break down tariffs on various countries
02:59
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Treasury Secretary urges other countries to 'take a deep breath' and not retaliate
01:00
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Canadian FM: 'Of course' Canada is in a trade war with US
01:49
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As Canada prepares for Trump’s tariffs, Prime Minister Mark Carney appealed to his liberal party's "unwavering belief" that the economy must "serve everyone," and refuted the idea that the US will own Canada: "That will never happen."
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Canadian Prime Minister explains what ‘makes’ him a liberal as Trump’s tariffs loom
01:03
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<p>Sen. Jim Banks joins The Lead </p>
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Sen. Banks: Reciprocal tariffs are "so good" for Indiana
07:59
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Rep. Debbie Dingell: Trump tariffs are "complicated" issue in Michigan
06:13
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