记者丨高慧超 实习生庞成 钟宸 编辑丨蒋韵 家居产业正经历深度转型。 广东佛山，全国最大的家具产业链集群制造基地之一，集聚了家具产业链相关企业7万余家。2024年，佛山家具制造业产值约1800亿元，出口 额98亿美元，虽然产值仍在增长，但增长势头放缓的隐忧已然浮现。 近日，南方财经记者在佛山调研发现，受产业链上下游影响，家具行业这几年面临着更加激烈的竞争，企业亦在寻路破解。除提升制造能力和 强化产品性能之外，"文化+"和"智能+"已成众多企业的核心策略选择。企业力图借此找到回应新需求、打开大市场的新供给能力。 "越是东方的，越是世界的。40年前一把'联邦椅'红遍大江南北，我们用差异化、个性化打法尝到了品牌红利，于是决定把这条路走到底。"近 日，联邦家私集团董事、执行总裁钟海舟对南方财经记者说。 转型的提速让家居产业的积极信号逐渐显现。据中研普华预测，2025年中国家居市场规模将突破4.8万亿元，同比增长约12%，其中智能家居 产品渗透率预计将超过65%，环保材料应用占比也有望提升至37%。 8月中旬和9月底，南方财经记者先后两次探店，发现体验智能家居的顾客，要明显多于同一层的传统家私区域。工作人员小冉为访客积 ...

该行相信，持续的效率优化和海外产能的提升将有助于短期内稳定盈利，敏华可望从2026年潜在的国内 需求稳定中受益。中信里昂将2026/2027年的净利润分别下调7.1%/7.5%，以反映较低的销售假设和关 税。鉴于前景改善，该行将估值向前滚动至2027年，并采用更高的8.8倍市盈率(原为7.5倍)，低于3年平 均值0.5个标准差。 中信里昂发布研报称，将敏华控股(01999)目标价由4.5港元，调高11%至5港元，维持"跑赢大市"的投资 评级。中信里昂表示，尽管国内需求疲软，敏华在2025财年仍实现了稳定的基础利润，这得益于利润率 的提升。由于其全球生产基地，敏华海外销售表现出韧性，有助于缓解美国关税的影响。 ...

（记者 曾健辉） 每经AI快讯，喜临门9月30日晚间发布公告称，公司第六届第十次董事会会议于2025年9月30日在公司 国际会议室以现场表决的方式召开。会议审议了《关于续聘公司2025年度审计机构及内控审计机构的议 案》等文件。 每经头条（nbdtoutiao）——重磅解读！中国将不寻求WTO新的特殊和差别待遇，意味着什么？ ...

智通财经APP获悉，美国总统唐纳德·特朗普下令对进口软木原木和锯材加征10%关税，对橱柜、浴室柜 及带软垫的木制品加征25%关税。这是他最新一次试图通过进口税支撑本土制造业。 然而，美国住宅建筑商警告称，此举可能会抑制新房建设和房屋翻新投资，进而与特朗普旨在刺激购房 的政策产生矛盾，特朗普此前一直高调施压美联储降息，以期提振房地产市场。 根据周一签署的一份公告，上述关税将于10月14日起生效，部分产品的关税率上调计划则于明年1月1日 实施。此前，美国商务部已于今年3月启动对进口木材、原木及其衍生产品的调查。 特朗普表示，这些计划中的举措将"加强供应链、提升产业韧性、创造高质量就业岗位，并提高美国木 制品本土产能利用率"。 此次加征关税的法律依据是美国《贸易扩张法》第232条，该条款授权总统以"国家安全"名义对进口商 品加征关税。此类关税与特朗普此前为增加财政收入、扭转贸易失衡而实施的"对等关税"(即针对特定 国家的关税)性质不同。 目前，特朗普政府的行业性关税覆盖范围正不断扩大，已涵盖各类消费品。美国此前已对进口钢铁和铝 加征关税，此外，针对外国制造的太阳能电池板、商用飞机、半导体及关键矿产的多项第232条调 ...

Group 1 - The core point of the article is that Trump's recent tariff increases, effective from October 1, 2025, are expected to have widespread negative impacts on both the U.S. economy and global trade dynamics, with no clear winners in a trade war [1][3][14] - The tariffs cover a wide range of products, including a 50% increase on kitchen cabinets and bathroom sinks, 30% on furniture, 100% on patented drugs, and 25% on heavy trucks, indicating a comprehensive approach to trade protectionism [7][9] - The tariffs are framed under the guise of "national security," but the underlying motive appears to be to protect U.S. manufacturers and appeal to domestic voters, despite the potential for significant economic backlash [7][9][12] Group 2 - The tariffs are projected to lead to a decline in U.S. GDP by 0.5% annually in 2025 and 2026, with a long-term decrease of 0.4%, as the costs are likely to be passed on to consumers [7][9] - The average tariff rate in the U.S. is expected to rise to 17.3%, the highest since 1935, which will result in increased consumer prices and exacerbate inflation [9][11] - The tariffs could lead to a loss of approximately 497,000 jobs by the end of 2025, with specific sectors like construction and agriculture facing declines [9][12] Group 3 - The global trade system is at risk of collapse due to the U.S. violating WTO principles with these tariffs, which could further alienate allies like the EU and Canada [11][12] - Historical parallels are drawn to the Smoot-Hawley Tariff Act of the 1930s, which contributed to the Great Depression, suggesting that Trump's actions may lead to similar economic consequences [12][14] - The article emphasizes that trade wars do not produce winners, and the ultimate victims will be consumers and the broader economy, highlighting the need for dialogue and cooperation among nations [14]

Relaxi此次发行40万份股权证券，每份票面价值1000第纳尔（约合7.7美元），为期7 年，将在阿尔及尔证券交易所债务证券市场的新兴板块上市。 Relaxi成立于2022年，总部位于奥兰，专门设计、生产、销售床垫、床上用品和木制家 具。该公司注册资金为2.6亿第纳尔（约合200万美元），2024年营业额超过19亿第纳尔 （约合1460万美元）。 （COSOB）当日宣布，已批准Relaxi公司发行总额为4亿第纳尔（约合300万美元）的股 权证券，发行对象为专业投资者。 （原标题：阿尔及利亚Relaxi公司获准发行股权证券） 据阿尔及利亚通讯社9月28日报道，阿尔及利亚证券交易所业务管理和监督委员会 ...

Group 1 - The U.S. government announced new tariffs on imported softwood lumber and wood products, with a 10% tariff on softwood and a 25% tariff on cabinets and related products, effective October 14 [1] - Additional tariffs include a 50% tariff on kitchen cabinets and bathroom sinks, a 30% tariff on imported furniture, and a 100% tariff on patented and branded drugs starting October 1 [1] - The announcement led to a significant drop in pharmaceutical stocks, with the White House clarifying that the new drug tariffs do not apply to countries with existing trade agreements with the U.S. [1] Group 2 - The U.S. Bureau of Labor Statistics reported a 4.7% year-over-year increase in furniture prices as a result of the tariff policies [2] - The U.S. Chamber of Commerce expressed concerns over new tariffs on heavy trucks, highlighting that the top five sources of heavy truck imports are allied countries [2] - President Trump announced plans to impose a 100% tariff on films produced outside the U.S., citing the loss of the American film industry to foreign competition [2] Group 3 - The U.S. Federal Circuit Court ruled that the legal basis for the tariffs imposed by President Trump did not grant him the authority to levy such taxes [3] - The Trump administration has appealed this ruling to the U.S. Supreme Court, which is set to hear arguments regarding the legality of the tariffs in early November [3]

Group 1: Tariff Announcements - On September 29, President Trump announced a 10% tariff on imported softwood logs and lumber, and a 25% tariff on imported cabinets, bathroom vanities, and upholstered wood products, effective October 14 [1] - Additional tariffs include a 50% tariff on kitchen cabinets and bathroom sinks, a 30% tariff on imported furniture, and a 100% tariff on patented and branded drugs starting October 1 [1] - Heavy trucks will also face a 25% tariff starting October 1, with a future increase planned [1] Group 2: Market Impact - The U.S. Bureau of Labor Statistics reported a 4.7% year-over-year increase in furniture prices as of August 2025, attributed to the tariff policies [2] - The U.S. Chamber of Commerce has urged the government to reconsider new tariffs on heavy trucks, highlighting that the top five sources of heavy truck imports are allied nations [2] Group 3: Legal Challenges - The U.S. Federal Circuit Court ruled on August 29 that the law cited by Trump to impose tariffs did not grant him the authority to do so [3] - The Trump administration has appealed this ruling to the U.S. Supreme Court, which is set to hear oral arguments in the first week of November [3]

据央视新闻，当地时间9月29日，美国总统特朗普宣布将对进口软木原木及木材征收10%关税，并对进 口橱柜、浴室柜及软包木制品加征25%关税。新关税将于10月14日起生效，部分税率将在明年1月1日起 进一步上调。此前，美国商务部自今年3月起已对木材及其衍生品(包括橱柜与家具)展开调查。 ...

新关税将于10月14日起生效，部分税率将在明年1月1日起进一步上调。 此前，美国商务部自今年3月起已对木材及其衍生品（包括橱柜与家具）展开调查。 据央视新闻，当地时间9月29日，美国总统特朗普宣布将对进口软木原木及木材征收10%关税，并对 进口橱柜、浴室柜及软包木制品加征25%关税。 ...