A new coalition of bedding companies including Ashley Furniture, Malouf, Maven and Mlily USA has formed to fight a new anti-dumping petition that could increase the cost of mattress imports by more than 1,000 percent.
According to the American Mattress Alliance, the petition was filed March 31 with the International Trade Commission (ITC) by companies including Brooklyn Bedding, Corsicana Mattress Co., Kolcraft Enterprises and Leggett & Platt. The suppliers provide mattresses for such major brands as Casper, Sealy, Serta, Simmons, Tempur-Pedic and Tuft & Needle.
The Alliance said the petition targets seven countries — Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey and Vietnam — which reportedly produced 80 percent of all U.S. mattress imports this year. The group described the tariffs as “insurmountable,” which would essentially bar the import of mattresses.
The tariffs would also apply to medical-grade mattresses at a time when healthcare facilities are reporting an acute shortage of beds.
A preliminary hearing is scheduled for April 21 by the ITC, although the Alliance hopes to preclude the inquiry.
Hat tip to FurnitureToday.