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Potential 900% tariffs on mattresses could wallop consumers

Potential 900% tariffs on mattresses could wallop consumers Stephen Moore © Provided by Washington Examiner Biz23.jpg When import tariffs are under discussion in Washington, D.C., they typically revolve around rates of 5% to 25% on foreign goods. Popular Searches But what about duties on imported household items that can reach 300%, 500%, or even 900%? Those are the tariff rates that some in Congress and the Trump administration propose on imported bedding products and mattresses. Rates that high could drive some mattress prices from the $100 or $200 range to above $1,000. Talk about sticker shock. There is a classic clash in Washington between big-name domestic mattress producers, such as Missouri–based Leggett & Platt and Georgia–based Elite Comfort Solutions against the importers. This group includes Utah–based bedding company Malouf and retail home goods giant Ashley HomeStore. These tariffs would not be imposed on adversaries, such as

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