对中国进口品征收的关税正在伤害苹果和RH, Tariffs on Chinese imports are hurting Apple and RH, with RH's stock down 50% and both facing margin pressure into 2026.

苹果和 RH 因最近的关税而感到财务压力，尤其是中国进口和家具专用关税。 Apple and RH are feeling financial strain from recent tariffs, particularly on Chinese imports and furniture-specific duties. 虽然果希望通过供应链调整来抵消大部分成本,但由于直接关税影响,今年的RH库存下降了50%. While Apple expects to offset most costs through supply chain adjustments, RH has seen its stock drop 50% this year due to direct tariff impacts. 其全部影响可能要到2025年底或2026年初才会显现出来,但投资者应当预测,在尚未解决的贸易紧张状态下,奢侈消费品牌将面临持续的利润压力。 The full effects may not appear until late 2025 or early 2026, but investors should anticipate ongoing margin pressure on luxury consumer brands amid unresolved trade tensions.