Business

Potential 900% tariffs on mattresses could wallop consumers

By Stephen Moore
Published December 10, 2020 11:00pm ET
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Potential 900% tariffs on mattresses could wallop consumers
When import tariffs are under discussion in Washington, D.C., they typically revolve around rates of 5% to 25% on foreign goods. 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 […]

When import tariffs are under discussion in Washington, D.C., they typically revolve around rates of 5% to 25% on foreign goods.

But what about duties on imported household items that can reach 300%, 500%, or even 900%?

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